Zip 49690 (Williamsburg, MI) Economy


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Williamsburg, MI, with its population of 49690, is a great place to live in. The average rent for two bedroom apartments here is $960 which is much lower than the national average of $1430. The cost of groceries is also lower compared to the US index at 98 (US 100). There are several local companies operating in Williamsburg such as Custom Metalcraft Manufacturing Inc., Northern Plastics & Supply Co., and Michigan Home Products Inc which makes it easy to find employment opportunities. Overall, Williamsburg's cost of living is significantly lower than most other places in the US making it an ideal place to live for those looking for affordable housing and job opportunities.

Williamsburg (zip 49690) has an unemployment rate of 5.7%. The US average is 6.0%.

Williamsburg (zip 49690) has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 34.7%, which is higher than the US average of 33.5%.

Tax Rates for Williamsburg (zip 49690)
- The Sales Tax Rate for Williamsburg (zip 49690) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Williamsburg (zip 49690) 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 Williamsburg (zip 49690)
- The average income of a Williamsburg (zip 49690) resident is $38,299 a year. The US average is $28,555 a year.
- The Median household income of a Williamsburg (zip 49690) resident is $85,924 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWilliamsburg, MichiganUnited States
  5.76
  -6.8%-6.2%
  34.7%33.5%
  6.0%6.2%
  4.3%4.6%
  $39,899$37,638
  $85,924$69,021
  $96,042$85,028
  Population by Occupation
  2.8%1.2%
  0.5%0.5%
  7.4%6.8%
  12.0%10.0%
  4.1%2.5%
  10.2%11.0%
  0.8%4.8%
  1.4%0.8%
  0.9%1.9%
  3.8%4.7%
  2.8%1.9%
  4.3%7.6%
  0.0%0.1%
  3.4%4.2%
  9.2%9.3%
  13.8%14.0%
  3.3%2.1%
  11.7%7.0%
  6.2%4.8%
  1.2%4.7%
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