Dearborn Heights, MI is a great place to live. It is located in southeastern Michigan and offers many amenities such as diverse restaurants, shopping centers, and major employers like Ford Motor Company. The cost of living in Dearborn Heights is quite affordable compared to other cities in the region. The average 2 bedroom rent in Dearborn Heights is $1,330 which is $100 lower than the US average of $1,430. Additionally, the Grocery Cost Index in Dearborn Heights is 93 versus 100 in the US making grocery costs relatively lower than other areas too. Therefore, Dearborn Heights provides an affordable living experience for those looking for a place to call home.
Dearborn Heights has an unemployment rate of 4.1%. The US average is 6.0%.
Dearborn Heights 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 36.9%, which is higher than the US average of 33.5%.
Tax Rates for Dearborn Heights
- The Sales Tax Rate for Dearborn Heights is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Dearborn Heights 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 Dearborn Heights
- The average income of a Dearborn Heights resident is $21,753 a year. The US average is $28,555 a year.
- The Median household income of a Dearborn Heights resident is $55,190 a year. The US average is $69,021 a year.