49935 Iron River, MI is an ideal place to live for those who are looking for affordability. The median two bedroom rent in this area is $820 which is much lower than the US median of $1,430. This makes it a great option for people with budget constraints. The grocery cost index is also low at 89 versus 100 in the US making groceries more affordable than in other places. \nLocal companies such as Bergman鈥檚 Hardware, Vena鈥檚 Hair Studio, and North Country Mercantile provide residents with local job opportunities and amenities. In addition to these establishments there are many parks and recreational activities which residents can take part in year round. Overall, Iron River offers its citizens a comfortable lifestyle at an affordable cost of living.
Iron River (zip 49935) has an unemployment rate of 6.8%. The US average is 6.0%.
Iron River (zip 49935) 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 24.7%, which is lower than the US average of 33.5%.
Tax Rates for Iron River (zip 49935)
- The Sales Tax Rate for Iron River (zip 49935) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Iron River (zip 49935) 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 Iron River (zip 49935)
- The average income of a Iron River (zip 49935) resident is $27,502 a year. The US average is $37,638 a year.
- The Median household income of a Iron River (zip 49935) resident is $45,529 a year. The US average is $69,021 a year.