Stephenson, Michigan is a small town with a population of just 497 people. Despite its size, the cost of living in Stephenson is quite affordable; 2 bedroom rents typically cost just $800 per month. Prices for groceries are also quite reasonable; the Grocery Cost Index is 91 versus 100 in the US.
The city has a few local businesses that make up its economy including The Country Store, Stephenson Lumber & Hardware, Stephenson Mini-Mart, and more. There are also plenty of interesting attractions to check out such as the Stephenson Opera House, Bienenstock Natural Playground, and Hiawatha Sportsman's Club.
Stephenson (zip 49887) has an unemployment rate of 4.7%. The US average is 6.0%.
Stephenson (zip 49887) has seen the job market decrease by -5.4% over the last year. Future job growth over the next ten years is predicted to be 14.7%, which is lower than the US average of 33.5%.
Tax Rates for Stephenson (zip 49887)
- The Sales Tax Rate for Stephenson (zip 49887) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Stephenson (zip 49887) 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 Stephenson (zip 49887)
- The average income of a Stephenson (zip 49887) resident is $25,926 a year. The US average is $37,638 a year.
- The Median household income of a Stephenson (zip 49887) resident is $48,080 a year. The US average is $69,021 a year.