Waverly, Michigan is a small town located on the outskirts of Lansing with a population of 48917. The cost of living in Waverly is relatively affordable; two-bedroom apartments are renting for $1,100 compared to the US average of $1,430. Additionally, grocery costs in Waverly are 95 compared to the national index average of 100. There are several local businesses in the area that appeal to both residents and visitors alike such as The Painted Pot Art Studio, Great Lakes Grand Prix Family Fun Center, and Red Slipper Tack Shop. Other popular attractions in Waverly include the Flickinger Park Nature Center and walking trails at Millennium Park.
Waverly (zip 48917) has an unemployment rate of 3.9%. The US average is 6.0%.
Waverly (zip 48917) has seen the job market decrease by -6.9% over the last year. Future job growth over the next ten years is predicted to be 35.1%, which is higher than the US average of 33.5%.
Tax Rates for Waverly (zip 48917)
- The Sales Tax Rate for Waverly (zip 48917) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Waverly (zip 48917) is 4.3%. The US average is 4.6%.
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Income and Salaries for Waverly (zip 48917)
- The average income of a Waverly (zip 48917) resident is $39,851 a year. The US average is $37,638 a year.
- The Median household income of a Waverly (zip 48917) resident is $66,096 a year. The US average is $69,021 a year.