Spalding, MI, a small city located in the Upper Peninsula of Michigan, offers a unique lifestyle. It is a great place to call home for those looking for an affordable cost of living. The 2 Bedroom rent in Spalding is only $830 per month, much lower than the national average of $1430. Similarly, the Grocery Cost Index in Spalding stands at 90 compared to 100 nationally.
The town of Spalding provides local amenities to its residents including Playground Park, Spaulding United Methodist Church, and two convenience stores - Rite Aid Pharmacy and North Shore Food Mart. In addition to this there are several restaurants like Little Saigon Restaurant and Puertos Mexican Grill that offer scrumptious food choices. For those who love nature, there are plenty of outdoor activities such as fishing at Portage Lake or camping at nearby Porcupine Mountain Wilderness State Park. Other attractions near Spalding include the Great Lakes Shipwreck Museum and Tahquamenon Falls State Park which are popular tourist destinations in Michigan's Upper Peninsula.
Spalding (zip 49886) has an unemployment rate of 4.7%. The US average is 6.0%.
Spalding (zip 49886) 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 Spalding (zip 49886)
- The Sales Tax Rate for Spalding (zip 49886) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Spalding (zip 49886) is 4.3%. The US average is 4.6%.
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Income and Salaries for Spalding (zip 49886)
- The average income of a Spalding (zip 49886) resident is $32,959 a year. The US average is $37,638 a year.
- The Median household income of a Spalding (zip 49886) resident is $58,571 a year. The US average is $69,021 a year.