Newaygo, MI is a great place to settle down. It's population is only 4,113 people, making it the perfect size for those looking for a peaceful town. The average 2 Bedroom Rent in Newaygo is surprisingly low at $1,010 which is significantly lower than the US average of $1,430. The Grocery Cost Index for Newaygo is also low at 93 compared to 100 in the US. The city has a number of great companies including L&L Products Inc., which manufactures automotive parts, and Newaygo County Medical Care Facility, which offers quality care in its nursing home facility. Other establishments like B&G Foods and Mikes Country Store offer local shoppers groceries and household items at affordable prices. With its low rent and utility costs combined with numerous local businesses around town, Newaygo is an excellent choice for those looking to set up shop in Michigan.
Newaygo (zip 49337) has an unemployment rate of 6.0%. The US average is 6.0%.
Newaygo (zip 49337) 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 29.7%, which is lower than the US average of 33.5%.
Tax Rates for Newaygo (zip 49337)
- The Sales Tax Rate for Newaygo (zip 49337) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Newaygo (zip 49337) 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 Newaygo (zip 49337)
- The average income of a Newaygo (zip 49337) resident is $30,171 a year. The US average is $37,638 a year.
- The Median household income of a Newaygo (zip 49337) resident is $54,500 a year. The US average is $69,021 a year.