Coleman, MI, is a small town located in Midland County that has an estimated population of 48618. The average cost of rent for a two-bedroom apartment here is $810, which is significantly lower than the US average of $1,430. Additionally, Coleman has a Grocery Cost Index of 91 compared to the US index of 100. Local companies in Coleman include Firehouse Subs, ChoiceOne Bank, and Martin True Value Hardware Store. Other prominent businesses include Edward Jones Investments and NAPA Auto Parts. Coleman is also home to several local community organizations such as the Coleman Athletic Club and Coleman Business Association.
Coleman (zip 48618) has an unemployment rate of 5.2%. The US average is 6.0%.
Coleman (zip 48618) has seen the job market decrease by -5.1% over the last year. Future job growth over the next ten years is predicted to be 19.8%, which is lower than the US average of 33.5%.
Tax Rates for Coleman (zip 48618)
- The Sales Tax Rate for Coleman (zip 48618) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Coleman (zip 48618) is 4.3%. The US average is 4.6%.
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Income and Salaries for Coleman (zip 48618)
- The average income of a Coleman (zip 48618) resident is $27,211 a year. The US average is $37,638 a year.
- The Median household income of a Coleman (zip 48618) resident is $52,934 a year. The US average is $69,021 a year.