Zip 48895 (Williamston, MI) Economy


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48895 Williamston, MI is a small but vibrant town in the great state of Michigan. With an average two bedroom rent of just $1,000, it is a great place to call home. Additionally, the grocery cost index in Williamston is 97 compared to 100 in the US, making it an excellent option for budget-conscious shoppers. The town has plenty of amenities such as parks and restaurants to explore and several local companies that contribute to its thriving economy. Notable businesses include Williamston Auto Repair and Body Shop, Kamm's Plumbing & Heating Solutions, Wichinuxee Landscaping Services and Williams Upholstery & Retail Fabrics. All these businesses offer exceptional services and have helped make 48895 Williamston, MI a great place to live.

Williamston (zip 48895) has an unemployment rate of 5.2%. The US average is 6.0%.

Williamston (zip 48895) has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 34.5%, which is higher than the US average of 33.5%.

Tax Rates for Williamston (zip 48895)
- The Sales Tax Rate for Williamston (zip 48895) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Williamston (zip 48895) 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 Williamston (zip 48895)
- The average income of a Williamston (zip 48895) resident is $38,221 a year. The US average is $28,555 a year.
- The Median household income of a Williamston (zip 48895) resident is $100,563 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWilliamston, MichiganUnited States
  5.26
  -6.9%-6.2%
  34.5%33.5%
  6.0%6.2%
  4.3%4.6%
  $52,065$37,638
  $100,563$69,021
  $128,594$85,028
  Population by Occupation
  0.3%1.2%
  0.0%0.5%
  5.2%6.8%
  7.3%10.0%
  4.2%2.5%
  10.5%11.0%
  2.0%4.8%
  0.5%0.8%
  1.3%1.9%
  4.0%4.7%
  5.6%1.9%
  5.0%7.6%
  0.0%0.1%
  2.8%4.2%
  15.4%9.3%
  10.9%14.0%
  2.3%2.1%
  5.0%7.0%
  4.4%4.8%
  13.2%4.7%
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