Baldwin, Michigan is a small city located in the northern part of the state, with a population of around 49304 residents. It has a cost of living that is considerably lower than the national average, with 2 bedroom rents at $810 compared to $1,430 nationally. Similarly, grocery costs index at 90 in Baldwin compared to 100 in the US.
Baldwin is home to several businesses and organizations including the Baldwin City Library, Baldwin Education Center, and the Greater Baldwin Area Chamber of Commerce. The city also has a few parks including East End Park and Miners Castle County Park which offer various recreational activities such as fishing, camping, and hiking. The local economy relies heavily on tourism due to its natural beauty and proximity to Lake Superior. Furthermore, it is home to numerous wineries offering unique wines made from locally grown grapes.
Baldwin (zip 49304) has an unemployment rate of 8.4%. The US average is 6.0%.
Baldwin (zip 49304) has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 28.4%, which is lower than the US average of 33.5%.
Tax Rates for Baldwin (zip 49304)
- The Sales Tax Rate for Baldwin (zip 49304) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Baldwin (zip 49304) is 4.3%. The US average is 4.6%.
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Income and Salaries for Baldwin (zip 49304)
- The average income of a Baldwin (zip 49304) resident is $20,219 a year. The US average is $37,638 a year.
- The Median household income of a Baldwin (zip 49304) resident is $31,123 a year. The US average is $69,021 a year.