Zip 48768 (Vassar, MI) Economy


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United States / Michigan / No Metro Area / Tuscola County / No City / Vassar (zip 48768)
48768 Vassar, MI is a small but vibrant community with plenty of amenities and attractions for residents. The two bedroom rent in this area is $840, which is significantly less than the average two bedroom rent of $1,430 in the US. In addition to the affordable housing costs, the grocery cost index here is 91 versus 100 in the US, so food costs are also quite reasonable. Local businesses in 48768 Vassar, MI include Yeoman's Market & Deli, The Flamebroiler Restaurant, and Lizzy's Pizza. Yeoman's Market & Deli offers a range of fresh groceries as well as hot meals from its deli counter and has been a local favorite for over 25 years. The Flamebroiler Restaurant specializes in tasty burgers and fries cooked on an open fire grill that can be enjoyed either inside or on their outdoor patio. Finally, Lizzy's Pizza offers delicious pizza pies as well as subs and salads at great prices. With such a wide variety of local businesses offering affordable goods and services, 48768 Vassar, MI is sure to please all who visit or call it home!

Vassar (zip 48768) has an unemployment rate of 6.3%. The US average is 6.0%.

Vassar (zip 48768) 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 18.0%, which is lower than the US average of 33.5%.

Tax Rates for Vassar (zip 48768)
- The Sales Tax Rate for Vassar (zip 48768) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Vassar (zip 48768) 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 Vassar (zip 48768)
- The average income of a Vassar (zip 48768) resident is $20,880 a year. The US average is $28,555 a year.
- The Median household income of a Vassar (zip 48768) resident is $52,097 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyVassar, MichiganUnited States
  6.36
  -6.0%-6.2%
  18.0%33.5%
  6.0%6.2%
  4.3%4.6%
  $24,880$37,638
  $52,097$69,021
  $57,542$85,028
  Population by Occupation
  1.5%1.2%
  0.4%0.5%
  12.0%6.8%
  21.1%10.0%
  2.1%2.5%
  13.8%11.0%
  3.8%4.8%
  0.6%0.8%
  1.4%1.9%
  2.8%4.7%
  0.7%1.9%
  3.9%7.6%
  0.0%0.1%
  2.1%4.2%
  4.0%9.3%
  15.2%14.0%
  0.5%2.1%
  7.5%7.0%
  4.0%4.8%
  2.7%4.7%
Health