Zip 48219 (Detroit, MI) Economy


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48219 Detroit, MI is a thriving community with a population of around 30,000. The average two bedroom rent in this area is $1,120, which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index for 48219 Detroit is 89 compared to 100 for the US as a whole. Residents of this vibrant neighborhood enjoy access to a variety of local businesses such as Eastern Market Corporation, Michigan Urban Farming Initiative, and Detroit Blows Salon. Each of these companies provides excellent goods and services to the local community. Furthermore, there are several other local businesses that offer diverse job opportunities for residents in 48219 Detroit.

Detroit (zip 48219) has an unemployment rate of 9.6%. The US average is 6.0%.

Detroit (zip 48219) 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 48219)
- The Sales Tax Rate for Detroit (zip 48219) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Detroit (zip 48219) 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 48219)
- The average income of a Detroit (zip 48219) resident is $16,947 a year. The US average is $28,555 a year.
- The Median household income of a Detroit (zip 48219) resident is $39,179 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%
  $21,925$37,638
  $39,179$69,021
  $49,600$85,028
  Population by Occupation
  0.2%1.2%
  0.1%0.5%
  2.9%6.8%
  15.4%10.0%
  1.2%2.5%
  9.2%11.0%
  6.8%4.8%
  2.1%0.8%
  1.2%1.9%
  5.0%4.7%
  1.4%1.9%
  3.1%7.6%
  0.0%0.1%
  6.9%4.2%
  8.8%9.3%
  16.1%14.0%
  2.2%2.1%
  9.3%7.0%
  3.6%4.8%
  4.5%4.7%
Reviews for Detroit
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Detroit, has a bad reputation. I have lived here since I was 5 years old and I'm now 63. I have seen the good times and the bad times. This is not a city I'd recommend  More

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