Wayne, MI County is a great place to live with its affordable 2 bedroom rent being $1,210 compared to the US average of $1,430. The cost of living is lower than the national average due to the Grocery Cost Index which stands at 93 versus 100 in the US. Wayne County is also home to many major companies such as Allied Universal Security Services, Amazon Fulfillment Center, and Little Caesars Corporate headquarters. There are also several universities and colleges located in the county including University of Michigan-Dearborn and Davenport University. With its affordability and selection of businesses and education it makes Wayne County an ideal place to live.
Wayne County has an unemployment rate of 5.6%. The US average is 6.0%.
Wayne County has seen the job market decrease by -10.5% 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 Wayne County
- The Sales Tax Rate for Wayne County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Wayne County 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 Wayne County
- The average income of a Wayne County resident is $29,953 a year. The US average is $37,638 a year.
- The Median household income of a Wayne County resident is $52,830 a year. The US average is $69,021 a year.