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Zip 48637 (Merrill, MI) Economy


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Merrill, Michigan is a great place to live with an average rent of $960 for a two bedroom apartment. This makes it significantly more affordable than the national US average of $1,430 for the same type of rental accommodation. Additionally, the cost of groceries in Merrill is 92 on the index versus 100 in the US which means you'll get more value for your money too. \nIf you鈥檙e looking to rent a two-bedroom apartment in Merrill, there are plenty of local companies offering competitively priced rentals such as YesLeasing Inc., Rent-A-Home Properties, and Michigan Apartment Finders. These companies offer apartments located in desirable neighborhoods that come with modern amenities like air conditioning, parking spaces, and onsite laundry facilities - so you can be sure to find exactly what you鈥檙e looking for.

Merrill (zip 48637) has an unemployment rate of 6.8%. The US average is 6.0%.

Merrill (zip 48637) has seen the job market decrease by -7.7% over the last year. Future job growth over the next ten years is predicted to be 22.3%, which is lower than the US average of 33.5%.

Tax Rates for Merrill (zip 48637)
- The Sales Tax Rate for Merrill (zip 48637) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Merrill (zip 48637) 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 Merrill (zip 48637)
- The average income of a Merrill (zip 48637) resident is $30,066 a year. The US average is $37,638 a year.
- The Median household income of a Merrill (zip 48637) resident is $55,929 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMerrill, MichiganUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Reviews for Merrill
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We have lived in the village for five years and love it and it's people.  More

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