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Zip 49720 (Charlevoix, MI) Economy


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The small city of Charlevoix, Michigan is a great place to settle down. Nestled in the Northwest part of the state, it has a population of 4,972 and offers many opportunities for work and recreation. Rent rates are reasonable compared to the national average according to recent data, with 2 bedroom properties costing around $890 per month. Additionally, grocery prices tend to be lower than other parts of the United States as evidenced by a cost index score of 95 out of 100.
Charlevoix has many companies that offer job opportunities. Noteworthy businesses include Charlevoix Veterinary Hospital, Charlevoix Printing Co., and Charlevoix State Bank. People looking for outdoor adventure will find plenty of activities in the area such as hiking, biking and kayaking on beautiful Lake Michigan. All in all, Charlevoix is an attractive option for those looking for scenic beauty and affordability without sacrificing potential employment options.

Charlevoix (zip 49720) has an unemployment rate of 6.7%. The US average is 6.0%.

Charlevoix (zip 49720) has seen the job market decrease by -7.4% over the last year. Future job growth over the next ten years is predicted to be 25.5%, which is lower than the US average of 33.5%.

Tax Rates for Charlevoix (zip 49720)
- The Sales Tax Rate for Charlevoix (zip 49720) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Charlevoix (zip 49720) 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 Charlevoix (zip 49720)
- The average income of a Charlevoix (zip 49720) resident is $40,262 a year. The US average is $37,638 a year.
- The Median household income of a Charlevoix (zip 49720) resident is $61,103 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCharlevoix, 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%
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