Berkley, MI is a great place to live. The average 2 bedroom rent in the area is $1,420 per month which is slightly lower than the US average of $1,430. Grocery costs are also lower here with a Cost Index of 97 compared to 100 in the US. Local companies include Dow Automotive, Beaumont Health System, Bosch North America and Motor City Casino. Schools in the area include Berkley High School, Pattengill Middle School and Wilbur Wright Elementary School. For those who love the outdoors, there are numerous parks, golf courses and trails that offer plenty of opportunities for outdoor recreation.
Berkley has an unemployment rate of 3.5%. The US average is 6.0%.
Berkley has seen the job market increase by 0.3% 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 Berkley
- The Sales Tax Rate for Berkley is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Berkley 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 Berkley
- The average income of a Berkley resident is $36,539 a year. The US average is $28,555 a year.
- The Median household income of a Berkley resident is $96,993 a year. The US average is $69,021 a year.