Zip 48658 (Standish, MI) Economy


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United States / Michigan / No Metro Area / Arenac County / Standish / Standish (zip 48658)
Standish, MI (48658) is an affordable place to live. The average rental cost for a two bedroom apartment is $760, which is significantly less than the US average of $1,430. Grocery costs in Standish are also relatively low compared to the US index; at 90 versus 100. This makes it an attractive option for people looking to save money while still enjoying living in a safe community.
Standish has many local businesses that contribute to its vibrant economy. There is a grocery store along with numerous restaurants and retail stores. There are numerous automotive service centers such as Mid-Michigan Auto Repair and Automotive Solutions. For those looking to enjoy outdoor activities, there are nearby parks and lakes such as Gladwin County Park and Sanford Lake Park. There are also several professional services available including Standish Medical Clinic and Curtis and Associates accounting firm.

Standish (zip 48658) has an unemployment rate of 9.3%. The US average is 6.0%.

Standish (zip 48658) has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 17.2%, which is lower than the US average of 33.5%.

Tax Rates for Standish (zip 48658)
- The Sales Tax Rate for Standish (zip 48658) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Standish (zip 48658) 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 Standish (zip 48658)
- The average income of a Standish (zip 48658) resident is $21,192 a year. The US average is $28,555 a year.
- The Median household income of a Standish (zip 48658) resident is $45,227 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyStandish, MichiganUnited States
  9.36
  -7.6%-6.2%
  17.2%33.5%
  6.0%6.2%
  4.3%4.6%
  $26,954$37,638
  $45,227$69,021
  $62,784$85,028
  Population by Occupation
  2.4%1.2%
  0.1%0.5%
  7.8%6.8%
  19.2%10.0%
  1.0%2.5%
  16.1%11.0%
  2.5%4.8%
  0.8%0.8%
  0.3%1.9%
  1.8%4.7%
  0.6%1.9%
  3.5%7.6%
  0.0%0.1%
  3.4%4.2%
  5.1%9.3%
  12.4%14.0%
  4.0%2.1%
  9.0%7.0%
  6.0%4.8%
  3.8%4.7%
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