Woodhaven, MI Economy


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Woodhaven, MI is a great place to call home. With an average two bedroom rent of $1,110, it's much more affordable than the national average of $1,430. People who live in Woodhaven also benefit from the low grocery cost index of 95 compared to 100 in the US. There are a variety of local companies and attractions that make Woodhaven unique. For automotive needs, people can visit Metro Motors Inc., for delicious Italian cuisine they can try Sinatra's Restaurant & Pizzeria, or for entertainment they can check out Stars & Strikes Family Entertainment Center. Other popular attractions include the Brownstown Sports Centre and Lake Erie Metro Park Beach. Whether you're looking for a place to call home or just an afternoon of fun, Woodhaven has something for everyone!

Woodhaven has an unemployment rate of 5.6%. The US average is 6.0%.

Woodhaven 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 35.0%, which is higher than the US average of 33.5%.

Tax Rates for Woodhaven
- The Sales Tax Rate for Woodhaven is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Woodhaven 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 Woodhaven
- The average income of a Woodhaven resident is $37,239 a year. The US average is $37,638 a year.
- The Median household income of a Woodhaven resident is $68,463 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWoodhaven, MichiganUnited States
  5.66
  -10.5%-6.2%
  35.0%33.5%
  6.0%6.2%
  4.3%4.6%
  $37,239$37,638
  $68,463$69,021
  $86,964$85,028
  Population by Occupation
  1.5%1.2%
  0.0%0.5%
  6.2%6.8%
  20.4%10.0%
  1.7%2.5%
  11.1%11.0%
  4.6%4.8%
  2.0%0.8%
  1.7%1.9%
  5.3%4.7%
  1.5%1.9%
  3.0%7.6%
  0.1%0.1%
  2.7%4.2%
  9.6%9.3%
  15.1%14.0%
  1.0%2.1%
  4.3%7.0%
  5.4%4.8%
  2.7%4.7%
Reviews for Woodhaven
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Over 16 years ago

I PAID $6K FOR MY 2,200 SQ. FT. HOUSE. THAT IS JUST TOO MUCH FOR A WORKING  More

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