The 2 bedroom rent in Berkley, MI (zip code 48072) is $1,410. This is slightly lower than the national average of $1,430 for a 2 bedroom unit. Grocery costs are also favorable in Berkley as the Grocery Cost Index is 97 compared to the US average of 100. Local businesses in Berkley, MI include The Coffee Beanery, Golden Chopsticks, and Big Boy restaurant. There are also several clinics and banks located within the city limits including Beaumont Medical Center and Huntington Bank.
Berkley (zip 48072) has an unemployment rate of 3.5%. The US average is 6.0%.
Berkley (zip 48072) has seen the job market increase by 0.3% 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 Berkley (zip 48072)
- The Sales Tax Rate for Berkley (zip 48072) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Berkley (zip 48072) 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 Berkley (zip 48072)
- The average income of a Berkley (zip 48072) resident is $36,539 a year. The US average is $28,555 a year.
- The Median household income of a Berkley (zip 48072) resident is $96,993 a year. The US average is $69,021 a year.