Forest Hills, Michigan 

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Economy in Forest Hills, Michigan

Forest Hills has an unemployment rate of 4.8%. The US average is 6.0%.

Forest Hills has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 37.7%, which is higher than the US average of 33.5%.

Tax Rates for Forest Hills
- The Sales Tax Rate for Forest Hills is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Forest Hills 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 Forest Hills
- The average income of a Forest Hills resident is $51,726 a year. The US average is $28,555 a year.
- The Median household income of a Forest Hills resident is $118,788 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYForest Hills, MichiganUnited States
  4.8%6.0%
  -6.2%-6.2%
  37.7%33.5%
  6.0%6.2%
  4.3%4.6%
  $53,473$31,177
  $114,438$57,652
  $128,584$70,850
  POPULATION BY OCCUPATION
  0.4%1.3%
  0.0%0.6%
  2.3%6.2%
  16.0%10.4%
  3.3%2.7%
  10.2%11.6%
  1.5%4.1%
  0.5%0.9%
  1.5%2.1%
  7.3%4.7%
  1.4%1.9%
  9.5%6.7%
  0.0%0.1%
  3.0%4.3%
  9.1%9.3%
  22.6%13.8%
  1.4%2.2%
  3.9%7.4%
  3.3%4.9%
  2.6%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 6%)
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    MAPS OF FOREST HILLS, MICHIGAN
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    ZIP CODES IN FOREST HILLS, MICHIGAN
    49301

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