Zip 48348 (Clarkston, MI) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Clarkston, Michigan (48348) is a small town located in Oakland County. The area is known for its scenic beauty, excellent schools, and access to big city amenities. In terms of housing, the average 2 Bedroom rent in Clarkston is $1,610 compared to the US average of $1,430. Additionally, the Grocery Cost Index for Clarkston is 102 compared to the national average of 100, meaning groceries are slightly more expensive here than other areas.
The area has plenty of local businesses and attractions for residents to enjoy. For shopping there are stores such as Target and Kroger that offer great deals on everything from clothing to household items in addition to many small local businesses like craft stores and antique shops. There are also plenty of restaurants including some great take-out pizza places like Pizza House and Little Caesars. Other local amenities include outdoor recreation activities such as swimming at Independence Oaks County Park or hiking through Bald Mountain State Recreation Area. Overall, Clarkston offers a unique mix of small-town charm with big city comforts that makes it an ideal place to live.

Clarkston (zip 48348) has an unemployment rate of 4.1%. The US average is 6.0%.

Clarkston (zip 48348) 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 Clarkston (zip 48348)
- The Sales Tax Rate for Clarkston (zip 48348) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Clarkston (zip 48348) 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 Clarkston (zip 48348)
- The average income of a Clarkston (zip 48348) resident is $40,883 a year. The US average is $28,555 a year.
- The Median household income of a Clarkston (zip 48348) resident is $115,772 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyClarkston, MichiganUnited States
  4.16
  -10.6%-6.2%
  38.0%33.5%
  6.0%6.2%
  4.3%4.6%
  $53,905$37,638
  $115,772$69,021
  $137,883$85,028
  Population by Occupation
  1.3%1.2%
  0.0%0.5%
  5.7%6.8%
  20.1%10.0%
  2.0%2.5%
  9.1%11.0%
  1.7%4.8%
  0.5%0.8%
  1.0%1.9%
  4.5%4.7%
  2.2%1.9%
  8.7%7.6%
  0.4%0.1%
  4.3%4.2%
  7.5%9.3%
  16.7%14.0%
  1.8%2.1%
  5.4%7.0%
  4.8%4.8%
  2.2%4.7%
Health