Alger, MI is a small city located in Michigan with an estimated population of 48610. The cost of living is low here with a two bedroom rent averaging at $830 compared to the US average of $1,430. Additionally, grocery costs are also lower than the national average as the Grocery Cost Index in Alger is 91 versus 100 in the US. This makes it attractive for those looking to reduce their daily expenses without compromising on quality of life. There are several local companies based in Alger that contribute to its economy - such as TESSCO Technologies Incorporated, Delphi Automotive Systems LLC and G&G Industries - all offering competitive salaries ranging from $50,000 to over $100,000 per annum.
Alger (zip 48610) has an unemployment rate of 9.3%. The US average is 6.0%.
Alger (zip 48610) has seen the job market decrease by -7.6% over the last year. Future job growth over the next ten years is predicted to be 17.2%, which is lower than the US average of 33.5%.
Tax Rates for Alger (zip 48610)
- The Sales Tax Rate for Alger (zip 48610) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Alger (zip 48610) is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.
Income and Salaries for Alger (zip 48610)
- The average income of a Alger (zip 48610) resident is $26,992 a year. The US average is $37,638 a year.
- The Median household income of a Alger (zip 48610) resident is $46,328 a year. The US average is $69,021 a year.