Located in Van Buren County, Michigan, Watervliet is a quaint small town with an estimated population of just over 1,500 people. The average 2 bedroom rent for the area is $930, which is much lower than the national average of $1,430. Furthermore, groceries in Watervliet cost around 92 on the Grocery Cost Index in comparison to 100 across the nation. \nWatervliet offers a variety of services to its inhabitants such as Shop-Rite Foods Inc., Meier’s Furniture Stores, and The Healing Arts Clinic. Additionally, there are excellent educational opportunities at Watervliet Junior/Senior High School and North Elementary School. For those looking for entertainment and activities while living in Watervliet, there are plenty of options including beautiful lakeside beaches such as Paw Paw Lake Park or Crystal Springs Beach which offer stunning views and plenty of recreational activities. All these features make Watervliet a great place to live or visit.
Watervliet (zip 49098) has an unemployment rate of 5.8%. The US average is 6.0%.
Watervliet (zip 49098) has seen the job market decrease by -6.5% over the last year. Future job growth over the next ten years is predicted to be 25.4%, which is lower than the US average of 33.5%.
Tax Rates for Watervliet (zip 49098)
- The Sales Tax Rate for Watervliet (zip 49098) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Watervliet (zip 49098) 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 Watervliet (zip 49098)
- The average income of a Watervliet (zip 49098) resident is $26,058 a year. The US average is $37,638 a year.
- The Median household income of a Watervliet (zip 49098) resident is $50,527 a year. The US average is $69,021 a year.