48301 Bloomfield Hills, MI is a great place to live for those looking for an affluent and luxurious lifestyle. It has a wide range of rental options with two-bedroom apartments available for around $1,820. This is significantly higher than the US average of $1,430 for two-bedroom rentals. The Grocery Cost Index in 48301 Bloomfield Hills, MI is 106 versus 100 in the US indicating that groceries are more expensive in this area compared to the national average. The city also offers many amenities such as shopping centers and restaurants. Popular local companies in 48301 Bloomfield Hills include Tom's Market & Pharmacy, Hummer's Meats & Deli Market, and Fenton Home Furnishings. Residents can also enjoy golfing at nearby Prestwick Village Golf Club or take advantage of educational services offered by Michigan Institute Of Real Estate.
Bloomfield Hills (zip 48301) has an unemployment rate of 2.4%. The US average is 6.0%.
Bloomfield Hills (zip 48301) 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 39.3%, which is higher than the US average of 33.5%.
Tax Rates for Bloomfield Hills (zip 48301)
- The Sales Tax Rate for Bloomfield Hills (zip 48301) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Bloomfield Hills (zip 48301) 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 Bloomfield Hills (zip 48301)
- The average income of a Bloomfield Hills (zip 48301) resident is $65,146 a year. The US average is $28,555 a year.
- The Median household income of a Bloomfield Hills (zip 48301) resident is $156,192 a year. The US average is $69,021 a year.