Hazel Park, MI is an affordable city located in the greater Detroit area. The average 2 bedroom rent in Hazel Park is $1,230, significantly lower than the national average of $1,430. Additionally, the Grocery Cost Index of 91 indicates that groceries are much cheaper than the US average of 100. There are a number of local companies such as M&M Auto Collision & Repair and Doherty Ford that have been serving members of the community for many years.
Hazel Park has an unemployment rate of 3.5%. The US average is 6.0%.
Hazel Park has seen the job market decrease by -10.6% 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 Hazel Park
- The Sales Tax Rate for Hazel Park is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Hazel Park 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 Hazel Park
- The average income of a Hazel Park resident is $27,446 a year. The US average is $37,638 a year.
- The Median household income of a Hazel Park resident is $50,871 a year. The US average is $69,021 a year.