Spring Lake, MI is a small town located in Ottawa County. It has a population of about 49456 people and is known for its peaceful atmosphere. The average 2 bedroom rent in Spring Lake is $1,090, which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Spring Lake is 98 compared to 100 nationally. This means that groceries are much more affordable in this area.
Local companies include Carpetland USA, Style Crest Incorporated, and Hines Corporation. Carpetland USA provides flooring solutions for residential and commercial spaces while Style Crest Incorporated specializes in manufactured housing products such as siding and roofing. Finally, Hines Corporation provides concrete services for residential and commercial construction projects. Together these businesses provide many employment opportunities for the residents of Spring Lake.
Spring Lake (zip 49456) has an unemployment rate of 4.3%. The US average is 6.0%.
Spring Lake (zip 49456) has seen the job market decrease by -6.0% over the last year. Future job growth over the next ten years is predicted to be 36.9%, which is higher than the US average of 33.5%.
Tax Rates for Spring Lake (zip 49456)
- The Sales Tax Rate for Spring Lake (zip 49456) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Spring Lake (zip 49456) 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 Spring Lake (zip 49456)
- The average income of a Spring Lake (zip 49456) resident is $44,165 a year. The US average is $37,638 a year.
- The Median household income of a Spring Lake (zip 49456) resident is $73,902 a year. The US average is $69,021 a year.