Dowagiac, MI (49047) is a great place to live with plenty of local businesses. The 2 Bedroom Rent in Dowagiac is $840, which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Dowagiac is 90 versus 100 in the US. Some of the popular local companies include Miller’s Auto Centre and Wilkshire Golf Club as well as many local restaurants and shops. All things considered, living in Dowagiac can be quite affordable compared to other areas.
Dowagiac (zip 49047) has an unemployment rate of 5.2%. The US average is 6.0%.
Dowagiac (zip 49047) has seen the job market decrease by -6.0% over the last year. Future job growth over the next ten years is predicted to be 30.2%, which is lower than the US average of 33.5%.
Tax Rates for Dowagiac (zip 49047)
- The Sales Tax Rate for Dowagiac (zip 49047) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Dowagiac (zip 49047) is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Dowagiac (zip 49047)
- The average income of a Dowagiac (zip 49047) resident is $30,299 a year. The US average is $37,638 a year.
- The Median household income of a Dowagiac (zip 49047) resident is $50,655 a year. The US average is $69,021 a year.