Rapid River, MI 49878 has a population of approximately 3,499 and experiences a population change rate of -10.69%. The population density is 7.5 / sq mi .
Rapid River, MI 49878 has a population of approximately 3,499 and experiences a population change rate of -10.69%. The population density is 7.5 / sq mi .
The median household income for Rapid River, MI 49878 is $57,930, with 1,467 households and an average household size of 2.21.
The median value of a home in Rapid River, MI 49878 is $143,300 with an appreciation rate of 23.10%. 48.96% of housing in the state is owned while 4.64% is rented.
The cost of living in Rapid River, MI 49878 is 88.9 %.
The unemployment rate in Rapid River, MI 49878 is 4.80%, and recent job growth is at 1.67%. Future job growth is projected at 29.98%.
The sales tax rate in Rapid River, MI 49878 is 6.00%, while the income tax rate is 4.25% .
School expenditures in Rapid River, MI 49878 are $11,255, and the school ratio is 17.5:1.
The average high temperature in July is 76.9 degrees, with an average low temperature in January of 8.9 degrees. The average rainfall is approximately 30.3 inches per year, with 78.1 inches of snow per year.