The Detroit, MI zip code 48217 is an affordable place to live with a 2 bedroom rent of $1,160 compared to the US average of $1,430. The Grocery Cost Index in this area is also low at 90 versus 100 in the US, making groceries more affordable for residents. There are many local businesses located within the area such as Metro Detroit's largest shopping center Fairlane Town Center and Ford Motor Company's World Headquarters. This provides employment opportunities for local residents and makes it easy to access amenities like restaurants, banks, and grocery stores within reach. Additionally, there are plenty of parks located nearby where families can enjoy recreational activities such as biking or picnics. Therefore 48217 Detroit is an ideal place to both work and live with its affordability and access to amenities.
Detroit (zip 48217) has an unemployment rate of 9.6%. The US average is 6.0%.
Detroit (zip 48217) has seen the job market decrease by -10.5% over the last year. Future job growth over the next ten years is predicted to be 29.3%, which is lower than the US average of 33.5%.
Tax Rates for Detroit (zip 48217)
- The Sales Tax Rate for Detroit (zip 48217) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Detroit (zip 48217) is 6.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.
Income and Salaries for Detroit (zip 48217)
- The average income of a Detroit (zip 48217) resident is $20,894 a year. The US average is $37,638 a year.
- The Median household income of a Detroit (zip 48217) resident is $37,917 a year. The US average is $69,021 a year.