Warren, MI is a city in the Detroit metropolitan area and offers its residents a range of amenities in addition to an attractive cost of living. Warren is home to several well-known companies, such as General Motors Technical Center and St. John Providence Hospital. The average rent for a two bedroom apartment in Warren is $1,180 per month, which is much lower than the national average of $1,430. Additionally, the Grocery Cost Index in Warren stands at 93 compared to 100 nationally, which further contributes to the city's attractiveness when it comes to cost of living.
Warren has an unemployment rate of 5.2%. The US average is 6.0%.
Warren 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 35.1%, which is higher than the US average of 33.5%.
Tax Rates for Warren
- The Sales Tax Rate for Warren is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Warren 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 Warren
- The average income of a Warren resident is $21,762 a year. The US average is $28,555 a year.
- The Median household income of a Warren resident is $55,153 a year. The US average is $69,021 a year.