Zip 48341 (Pontiac, MI) Economy


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Pontiac, MI is a city located in Oakland County with a population of 59,778. The two bedroom rent in Pontiac is $1,060 which is lower than the national average of $1,430. Grocery Cost Index in Pontiac shows it to be 91 versus 100 in the US. The median household income for the city is $27,972. Pontiac provides many services to its residents such as healthcare through St. Joseph Mercy Oakland Hospital or McLaren Oakland Hospital where they offer comprehensive healthcare services and treatments for adults and children. Education services are provided by Oakland Schools and there are various businesses offering jobs in all sectors.

Pontiac (zip 48341) has an unemployment rate of 8.3%. The US average is 6.0%.

Pontiac (zip 48341) 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 30.2%, which is lower than the US average of 33.5%.

Tax Rates for Pontiac (zip 48341)
- The Sales Tax Rate for Pontiac (zip 48341) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Pontiac (zip 48341) is 5.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Pontiac (zip 48341)
- The average income of a Pontiac (zip 48341) resident is $18,905 a year. The US average is $28,555 a year.
- The Median household income of a Pontiac (zip 48341) resident is $36,538 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPontiac, MichiganUnited States
  8.36
  -10.6%-6.2%
  30.2%33.5%
  6.0%6.2%
  5.3%4.6%
  $23,990$37,638
  $36,538$69,021
  $49,983$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  6.1%6.8%
  19.3%10.0%
  0.9%2.5%
  11.1%11.0%
  3.9%4.8%
  0.3%0.8%
  1.4%1.9%
  2.9%4.7%
  0.8%1.9%
  4.4%7.6%
  0.0%0.1%
  3.6%4.2%
  4.2%9.3%
  19.2%14.0%
  2.7%2.1%
  10.0%7.0%
  4.7%4.8%
  4.4%4.7%
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