Zip 49347 (Trufant, MI) Economy


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Trufant, Michigan (49347) is a small rural town situated in Montcalm County. It is home to a few local companies such as Trufant Insurance Agency and True Value Hardware Store. The town offers many recreational activities for the whole family such as fishing on the Flat River or taking in the sights at the nearby Carl T. Johnson Hunting and Fishing Center. For those with children, the local school district provides excellent educational opportunities within walking distance of most homes and apartments. Two-bedroom rent in Trufant, Michigan is just $980 per month, much lower than the national average of $1,430 per month. Additionally, grocery cost index in Trufant is 93 versus 100 in the US which means that groceries are more affordable here than elsewhere. This makes Trufant an attractive option for those seeking an affordable living situation combined with close proximity to nature and quality education options.

Trufant (zip 49347) has an unemployment rate of 5.8%. The US average is 6.0%.

Trufant (zip 49347) 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 Trufant (zip 49347)
- The Sales Tax Rate for Trufant (zip 49347) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Trufant (zip 49347) 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 Trufant (zip 49347)
- The average income of a Trufant (zip 49347) resident is $20,629 a year. The US average is $28,555 a year.
- The Median household income of a Trufant (zip 49347) resident is $69,821 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTrufant, MichiganUnited States
  5.86
  -6.0%-6.2%
  32.4%33.5%
  6.0%6.2%
  4.3%4.6%
  $28,198$37,638
  $69,821$69,021
  $85,203$85,028
  Population by Occupation
  2.1%1.2%
  0.0%0.5%
  6.8%6.8%
  21.3%10.0%
  0.9%2.5%
  6.0%11.0%
  3.0%4.8%
  0.4%0.8%
  0.9%1.9%
  0.4%4.7%
  0.0%1.9%
  15.7%7.6%
  0.0%0.1%
  1.0%4.2%
  6.3%9.3%
  19.2%14.0%
  0.5%2.1%
  1.6%7.0%
  11.5%4.8%
  2.4%4.7%
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