Zip 49892 (Vulcan, MI) Economy


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Vulcan, Michigan (49892) is located in Menominee County near the border of Wisconsin and is a rural area known for its outdoor activities. The 2-bedroom rent in Vulcan costs $810 per month, which is significantly less than the US average of $1,430. Additionally, groceries are also more affordable as the Grocery Cost Index in Vulcan is 93 versus 100 in the US. Businesses located in Vulcan include Kestner Equipment LLC, a family owned and operated agricultural parts and service business; V&S Country Store, a gas station and convenience store; Badgerland Logging Inc., providing forest management services; and Flo's Pizza & Subs offering pizza and subs to take out or dine-in.

Vulcan (zip 49892) has an unemployment rate of 5.2%. The US average is 6.0%.

Vulcan (zip 49892) has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 27.3%, which is lower than the US average of 33.5%.

Tax Rates for Vulcan (zip 49892)
- The Sales Tax Rate for Vulcan (zip 49892) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Vulcan (zip 49892) 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 Vulcan (zip 49892)
- The average income of a Vulcan (zip 49892) resident is $28,428 a year. The US average is $28,555 a year.
- The Median household income of a Vulcan (zip 49892) resident is $65,809 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyVulcan, MichiganUnited States
  5.26
  -3.6%-6.2%
  27.3%33.5%
  6.0%6.2%
  4.3%4.6%
  $34,325$37,638
  $65,809$69,021
  $79,750$85,028
  Population by Occupation
  4.6%1.2%
  1.2%0.5%
  8.4%6.8%
  22.1%10.0%
  1.6%2.5%
  8.0%11.0%
  5.9%4.8%
  0.2%0.8%
  2.8%1.9%
  4.9%4.7%
  0.6%1.9%
  0.4%7.6%
  0.0%0.1%
  2.1%4.2%
  8.5%9.3%
  16.0%14.0%
  0.6%2.1%
  4.0%7.0%
  4.3%4.8%
  3.6%4.7%
Health