Albion, Michigan (49224) is a small city located in Calhoun County with a population of 8,599. It is a great place to live, as the cost of living is relatively low when compared to the US average. The average two-bedroom rent in Albion is $860 per month which is significantly lower than the national average of $1,430. In addition, the city's grocery cost index stands at 91 in comparison to 100 in the US. There are many local companies to work for such as Albion Malleable Iron Company and Albion College. Additionally, there are a range of family-owned businesses including restaurants and retail outlets that cater for all needs.
Albion (zip 49224) has an unemployment rate of 6.4%. The US average is 6.0%.
Albion (zip 49224) has seen the job market decrease by -7.0% over the last year. Future job growth over the next ten years is predicted to be 22.8%, which is lower than the US average of 33.5%.
Tax Rates for Albion (zip 49224)
- The Sales Tax Rate for Albion (zip 49224) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Albion (zip 49224) is 5.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.
Income and Salaries for Albion (zip 49224)
- The average income of a Albion (zip 49224) resident is $21,878 a year. The US average is $37,638 a year.
- The Median household income of a Albion (zip 49224) resident is $47,523 a year. The US average is $69,021 a year.