The city of New Baltimore, MI (48051) is an up-and-coming area with affordable living costs. The average 2 bedroom rent in the city is $1,270 as compared to $1,430 across the country. Similarly, grocery cost index in New Baltimore is 97 versus 100 nationally. This makes New Baltimore an attractive place to live for families and individuals who want to save costs on rent and food.
New Baltimore is home to several big companies such as FANUC America Corporation, which designs robots used in manufacturing; Cooper Standard Automotive, a leading automotive parts manufacturer; and PGT Trucking - one of the largest transportation companies in Michigan. Other well-known employers include ITC Holdings Corp., Prime Healthcare Services, Harbco Industries Inc., and Adient Seating Systems LLC.
New Baltimore (zip 48051) has an unemployment rate of 4.1%. The US average is 6.0%.
New Baltimore (zip 48051) has seen the job market decrease by -10.6% over the last year. Future job growth over the next ten years is predicted to be 38.0%, which is higher than the US average of 33.5%.
Tax Rates for New Baltimore (zip 48051)
- The Sales Tax Rate for New Baltimore (zip 48051) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for New Baltimore (zip 48051) is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.
Income and Salaries for New Baltimore (zip 48051)
- The average income of a New Baltimore (zip 48051) resident is $35,532 a year. The US average is $37,638 a year.
- The Median household income of a New Baltimore (zip 48051) resident is $80,644 a year. The US average is $69,021 a year.