Zip 49548 (Wyoming, MI) Economy


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49548 Wyoming, MI is a small city with a population of just under 8,000. The cost of living in Wyoming is quite low compared to the rest of the US. The average 2 bedroom rental cost in the area is $1,080 as opposed to $1,430 throughout the rest of the US. Additionally, the Grocery Cost Index in Wyoming is 93 versus 100 for the entire country. Residents enjoy access to a number of local businesses and amenities such as Mathew's Family Restaurant, MC Sports, Pine Rest Christian Health Services and new Holland Brewing Co. There are several school options for families including Grand Rapids Public Schools with Godfrey Lee Early Childhood Center and Wyoming High School being some of the most popular choices.

Wyoming (zip 49548) has an unemployment rate of 5.2%. The US average is 6.0%.

Wyoming (zip 49548) has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 36.2%, which is higher than the US average of 33.5%.

Tax Rates for Wyoming (zip 49548)
- The Sales Tax Rate for Wyoming (zip 49548) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Wyoming (zip 49548) 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 Wyoming (zip 49548)
- The average income of a Wyoming (zip 49548) resident is $18,865 a year. The US average is $28,555 a year.
- The Median household income of a Wyoming (zip 49548) resident is $54,319 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWyoming, MichiganUnited States
  5.26
  -6.2%-6.2%
  36.2%33.5%
  6.0%6.2%
  4.3%4.6%
  $23,017$37,638
  $54,319$69,021
  $57,614$85,028
  Population by Occupation
  0.3%1.2%
  0.0%0.5%
  5.4%6.8%
  25.2%10.0%
  3.2%2.5%
  15.2%11.0%
  5.7%4.8%
  0.2%0.8%
  0.6%1.9%
  3.4%4.7%
  1.1%1.9%
  4.3%7.6%
  0.0%0.1%
  4.6%4.2%
  2.8%9.3%
  12.6%14.0%
  1.3%2.1%
  7.9%7.0%
  4.9%4.8%
  1.4%4.7%
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