Zip 48891 (Vestaburg, MI) Economy


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48891 Vestaburg, MI is a great place to live. The 2 bedroom rent is competitively priced at $840 and the grocery cost index is 92 versus the 100 in the US. This makes it an affordable place to call home. There are plenty of local businesses to shop at and attractions nearby. Local stores include Aubin Hardware, H&R Pharmacy, and Anderson Grocery Store. Attractions in the area include the Flint Steelhead Trout Festival, Sprinkle Park, and the Mid Michigan Antique Mall. Not only does Vestaburg boast affordability but there are also several other benefits of living here such as excellent schools nearby, quality healthcare options at the Munson Healthcare Medical Center, and a variety of parks for outdoor activities year-round.

Vestaburg (zip 48891) has an unemployment rate of 5.8%. The US average is 6.0%.

Vestaburg (zip 48891) has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 32.4%, which is lower than the US average of 33.5%.

Tax Rates for Vestaburg (zip 48891)
- The Sales Tax Rate for Vestaburg (zip 48891) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Vestaburg (zip 48891) 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 Vestaburg (zip 48891)
- The average income of a Vestaburg (zip 48891) resident is $19,337 a year. The US average is $28,555 a year.
- The Median household income of a Vestaburg (zip 48891) resident is $53,182 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyVestaburg, MichiganUnited States
  5.86
  -6.0%-6.2%
  32.4%33.5%
  6.0%6.2%
  4.3%4.6%
  $22,540$37,638
  $53,182$69,021
  $59,688$85,028
  Population by Occupation
  3.4%1.2%
  0.0%0.5%
  4.9%6.8%
  21.5%10.0%
  0.6%2.5%
  9.4%11.0%
  3.2%4.8%
  0.4%0.8%
  0.3%1.9%
  2.2%4.7%
  0.3%1.9%
  0.6%7.6%
  0.0%0.1%
  9.9%4.2%
  5.6%9.3%
  15.9%14.0%
  1.3%2.1%
  9.3%7.0%
  5.8%4.8%
  5.5%4.7%
Health