Wheeler, MI is a small rural community located in the northern lower peninsula of Michigan. The median 2 Bedroom rent in Wheeler is just $1,310, which is significantly less than the US average of $1,430. However, groceries tend to be more expensive with a Grocery Cost Index of 91 versus 100 nationally.
For those living in Wheeler, there is no shortage of local businesses and services to choose from. Some popular companies include Whelan’s Fencing LLC, Soaring Eagle Casino & Resort, and Apex Tree Service LLC. Whelan’s Fencing offers custom fencing solutions for residential and commercial customers while Apex Tree Service provides tree removal and trimming services. Meanwhile Soaring Eagle Casino & Resort is one of the area’s top destinations for gaming entertainment.
Wheeler (zip 48662) has an unemployment rate of 5.6%. The US average is 6.0%.
Wheeler (zip 48662) has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 20.5%, which is lower than the US average of 33.5%.
Tax Rates for Wheeler (zip 48662)
- The Sales Tax Rate for Wheeler (zip 48662) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Wheeler (zip 48662) 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 Wheeler (zip 48662)
- The average income of a Wheeler (zip 48662) resident is $25,197 a year. The US average is $28,555 a year.
- The Median household income of a Wheeler (zip 48662) resident is $60,388 a year. The US average is $69,021 a year.