Zip 48885 (Sidney, MI) Economy


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Sidney, Michigan, zip code 48885 is a small town in the northern part of the state. With a population of 5,068 as of 2018, it is a great place to live. The cost of living index for Sidney is approximately 93, which makes it a fairly affordable area. Rent for two-bedroom properties averages around $920 per month. Groceries are also relatively inexpensive compared to other areas in the US due to its low Cost of Living Index. There are many local businesses in the area such as M&M Family Market and Arby's Restaurant, providing convenience and variety for residents. Additionally, there are several hotels nearby including Days Inn by Wyndham and Quality Inn & Suites as well as several parks like Eastwood Park and Dutch Creek Nature Preserve for outdoor recreation. All these features make Sidney an amazing place to call home!

Sidney (zip 48885) has an unemployment rate of 5.8%. The US average is 6.0%.

Sidney (zip 48885) has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 32.4%, which is lower than the US average of 33.5%.

Tax Rates for Sidney (zip 48885)
- The Sales Tax Rate for Sidney (zip 48885) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Sidney (zip 48885) 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 Sidney (zip 48885)
- The average income of a Sidney (zip 48885) resident is $20,451 a year. The US average is $28,555 a year.
- The Median household income of a Sidney (zip 48885) resident is $62,596 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySidney, MichiganUnited States
  5.86
  -6.0%-6.2%
  32.4%33.5%
  6.0%6.2%
  4.3%4.6%
  $27,662$37,638
  $62,596$69,021
  $64,327$85,028
  Population by Occupation
  1.5%1.2%
  0.0%0.5%
  2.1%6.8%
  35.7%10.0%
  1.0%2.5%
  9.6%11.0%
  1.3%4.8%
  0.0%0.8%
  0.0%1.9%
  2.5%4.7%
  0.0%1.9%
  8.6%7.6%
  0.0%0.1%
  2.1%4.2%
  9.0%9.3%
  17.3%14.0%
  0.0%2.1%
  2.9%7.0%
  1.5%4.8%
  4.8%4.7%
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