Melvindale, MI is a great place to live with its 48122 zip code. The average 2 bedroom rent in Melvindale is $1,080, which is significantly lower than the US average of $1,430. The cost of groceries here are also quite low with a Grocery Cost Index of 90 compared to 100 in the US. You can find many local companies such as Ford Motor Company and Southland Mall that provide ample job opportunities for residents. With such affordable renting costs and grocery prices, Melvindale is an ideal place to live in Michigan!
Melvindale (zip 48122) has an unemployment rate of 5.6%. The US average is 6.0%.
Melvindale (zip 48122) has seen the job market decrease by -10.5% 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 Melvindale (zip 48122)
- The Sales Tax Rate for Melvindale (zip 48122) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Melvindale (zip 48122) 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 Melvindale (zip 48122)
- The average income of a Melvindale (zip 48122) resident is $20,427 a year. The US average is $37,638 a year.
- The Median household income of a Melvindale (zip 48122) resident is $36,700 a year. The US average is $69,021 a year.