Livonia, MI is a city located in the Metro Detroit region. It is known for its excellent schools and great quality of life. The cost of living in Livonia is relatively low with a 2 bedroom rental running at $1,360 per month compared to the US average of $1,430. Additionally, the Grocery Cost Index in Livonia is 97 versus the US which stands at 100. Livonia has many businesses like Meijer, Walmart and Kroger as well as local restaurants like Bob Evans and Olive Garden. For those who love shopping, Laurel Park Place Mall offers a wide selection of stores. Popular attractions include the Ford Wildlife Education Center, the LaFontaine Family Theater, and Red Oaks Waterpark.
Livonia has an unemployment rate of 2.5%. The US average is 6.0%.
Livonia has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 39.2%, which is higher than the US average of 33.5%.
Tax Rates for Livonia
- The Sales Tax Rate for Livonia is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Livonia 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 Livonia
- The average income of a Livonia resident is $32,520 a year. The US average is $28,555 a year.
- The Median household income of a Livonia resident is $86,331 a year. The US average is $69,021 a year.