Zip 48213 (Detroit, MI) Economy


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The 48213 zip code is located in Detroit, Michigan. This area is known for its rich culture and history, making it an ideal place to live. Rent for a two-bedroom apartment is slightly lower than the national average at $970, giving residents more bang for their buck. Residents can save even more by shopping for groceries at local stores such as Busch's Fresh Food Market or Eastern Market Corporation, which offer a grocery cost index of 87 compared to 100 in the US. Other popular local businesses in this area include American Coney Island and Lafayette Coney Island, providing delicious food options. Detroit has something for everyone, from affordable rent to great restaurants and cultural attractions.

Detroit (zip 48213) has an unemployment rate of 9.6%. The US average is 6.0%.

Detroit (zip 48213) has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 29.3%, which is lower than the US average of 33.5%.

Tax Rates for Detroit (zip 48213)
- The Sales Tax Rate for Detroit (zip 48213) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Detroit (zip 48213) is 6.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Detroit (zip 48213)
- The average income of a Detroit (zip 48213) resident is $11,159 a year. The US average is $28,555 a year.
- The Median household income of a Detroit (zip 48213) resident is $28,718 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDetroit, MichiganUnited States
  9.66
  -10.5%-6.2%
  29.3%33.5%
  6.0%6.2%
  6.8%4.6%
  $16,726$37,638
  $28,718$69,021
  $32,479$85,028
  Population by Occupation
  0.3%1.2%
  0.0%0.5%
  4.8%6.8%
  17.5%10.0%
  1.8%2.5%
  6.7%11.0%
  4.6%4.8%
  0.3%0.8%
  1.5%1.9%
  2.6%4.7%
  0.3%1.9%
  1.9%7.6%
  0.0%0.1%
  8.8%4.2%
  5.2%9.3%
  19.0%14.0%
  4.2%2.1%
  14.0%7.0%
  2.5%4.8%
  3.9%4.7%
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