North Branch, MI is a small city located 48461 with a population of approximately 1,800 people. The average 2 bedroom rent in the area is $1,100, which is lower than the national average of $1,430. Additionally, the Grocery Cost Index in North Branch is 94 compared to 100 in the US.
The city of North Branch offers a number of quality businesses and services for its residents. Local businesses include A Cut Above Tree Service and Firewood LLC, V&V Powersports Inc., O’Neil’s Auto Repair Inc., Lapeer Auto Center LLC, Truck Country Inc., Summit Grill & Pub, and more. All of these companies provide a variety of goods and services that can help North Branch residents make the most out of their community.
North Branch (zip 48461) has an unemployment rate of 4.9%. The US average is 6.0%.
North Branch (zip 48461) has seen the job market decrease by -10.4% over the last year. Future job growth over the next ten years is predicted to be 33.8%, which is higher than the US average of 33.5%.
Tax Rates for North Branch (zip 48461)
- The Sales Tax Rate for North Branch (zip 48461) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for North Branch (zip 48461) 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 North Branch (zip 48461)
- The average income of a North Branch (zip 48461) resident is $33,219 a year. The US average is $37,638 a year.
- The Median household income of a North Branch (zip 48461) resident is $68,606 a year. The US average is $69,021 a year.