Zip 48609 (Shields, MI) Economy


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United States / Michigan / Saginaw Metro Area / Saginaw County / No City / Shields (zip 48609)
48609 Shields, MI is a residential area with an estimated population of 4,523. The 2 bedroom rent in this area is $890, which is much lower than the US average of $1,430. Additionally, the grocery cost index in 48609 Shields, MI is 93 versus 100 in the US. Housing and groceries are relatively affordable here compared to other locations. \nThe local companies in 48609 Shields include Vahle Electric Supply Inc., Royal Cleaners and Dyers Inc., O'Donnell Construction Co., and Corriveau Lumber Co. Vahle Electric Supply Inc. offers their customers quality lighting products and services for personal or commercial use. Royal Cleaners & Dyers Inc. has been providing dry cleaning services for over 25 years now and serves the residents of 48609 Shields with care and expertise. O’Donnell Construction Company specializes in providing building materials such as cement blocks, bricks, tiles etc. while Corriveau Lumber Co offers timber sales and delivery services to businesses within the area of 48609 Shields.

Shields (zip 48609) has an unemployment rate of 6.8%. The US average is 6.0%.

Shields (zip 48609) has seen the job market decrease by -7.7% over the last year. Future job growth over the next ten years is predicted to be 22.3%, which is lower than the US average of 33.5%.

Tax Rates for Shields (zip 48609)
- The Sales Tax Rate for Shields (zip 48609) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Shields (zip 48609) is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Shields (zip 48609)
- The average income of a Shields (zip 48609) resident is $39,151 a year. The US average is $37,638 a year.
- The Median household income of a Shields (zip 48609) resident is $72,140 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyShields, MichiganUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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