Zip 48138 (Grosse Ile, MI) Economy


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Grosse Ile, MI is a small town located in Wayne County with a population of just over 10,000 people. The average 2 bedroom rent in Grosse Ile is $1,410, which is slightly lower than the US average of $1,430. Additionally, the grocery cost index in Grosse Ile is 98 compared to 100 in the US.
Some local companies that can be found in Grosse Ile include Raby’s Ace Hardware & Home Center specializing in outdoor supplies and hardware goods, Grand View Golf Course offering 18-hole golf course and banquet facility for special events and occasions, and Grosse Ile Animal Clinic providing veterinary services. All of these businesses contribute to the local economy by providing jobs for residents as well as goods and services for locals.

Grosse Ile (zip 48138) has an unemployment rate of 5.6%. The US average is 6.0%.

Grosse Ile (zip 48138) 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 35.0%, which is higher than the US average of 33.5%.

Tax Rates for Grosse Ile (zip 48138)
- The Sales Tax Rate for Grosse Ile (zip 48138) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Grosse Ile (zip 48138) 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 Grosse Ile (zip 48138)
- The average income of a Grosse Ile (zip 48138) resident is $45,559 a year. The US average is $28,555 a year.
- The Median household income of a Grosse Ile (zip 48138) resident is $113,644 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGrosse Ile, MichiganUnited States
  5.66
  -10.5%-6.2%
  35.0%33.5%
  6.0%6.2%
  4.3%4.6%
  $60,056$37,638
  $113,644$69,021
  $137,000$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  6.0%6.8%
  19.5%10.0%
  3.0%2.5%
  9.3%11.0%
  2.8%4.8%
  0.5%0.8%
  0.9%1.9%
  4.0%4.7%
  1.7%1.9%
  7.9%7.6%
  0.1%0.1%
  3.4%4.2%
  9.8%9.3%
  18.5%14.0%
  2.5%2.1%
  4.5%7.0%
  3.4%4.8%
  2.1%4.7%
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