Zip 48038 (Clinton Township, MI) Economy


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United States / Michigan / Detroit-Warren-Dearborn Metro Area / Macomb County / No City / Clinton Township (zip 48038)
Clinton Township, MI is a great place to live. The two bedroom rent in the area is only $1,410, which is much lower than the US average of $1,430. In addition, grocery costs index in Clinton Township are 97 versus 100 in the US. Living here also offers plenty of opportunities for employment as there are plenty of local companies including Medtronic, North American Bancard and D&M Industries. Other employers include Wayne State University Physician Group and Beaumont Health System, offering a wide range of jobs to suit any skill set.

Clinton Township (zip 48038) has an unemployment rate of 5.0%. The US average is 6.0%.

Clinton Township (zip 48038) has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 36.7%, which is higher than the US average of 33.5%.

Tax Rates for Clinton Township (zip 48038)
- The Sales Tax Rate for Clinton Township (zip 48038) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Clinton Township (zip 48038) 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 Clinton Township (zip 48038)
- The average income of a Clinton Township (zip 48038) resident is $29,926 a year. The US average is $28,555 a year.
- The Median household income of a Clinton Township (zip 48038) resident is $70,115 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyClinton Township, MichiganUnited States
  56
  -10.6%-6.2%
  36.7%33.5%
  6.0%6.2%
  4.3%4.6%
  $39,058$37,638
  $70,115$69,021
  $85,847$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  4.2%6.8%
  20.8%10.0%
  2.4%2.5%
  12.9%11.0%
  3.2%4.8%
  0.5%0.8%
  1.4%1.9%
  4.9%4.7%
  2.0%1.9%
  6.1%7.6%
  0.0%0.1%
  3.8%4.2%
  5.2%9.3%
  15.0%14.0%
  2.3%2.1%
  8.1%7.0%
  4.5%4.8%
  2.7%4.7%
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