New Haven, MI is a great place to live for those on a budget. With an average two bedroom rent at only $1,330 per month as opposed to the US average of $1,430 and a grocery cost index of 96 versus 100 in the US, makes this small town an attractive option for those looking to save money. New Haven offers plenty of activities with local companies including The Village Pub & Grille and New Haven Diner offering delicious food and drinks, as well as Country Lane Golf Course for outdoor recreation. If you need to get out of town for work or pleasure there are several transportation options in and around New Haven including Amtrak's Blue Water Line serving Detroit, East Lansing and Chicago; Greyhound bus lines running from Detroit direct to major cities; and quick access to I-94 leading into Detroit or Port Huron. With the lower than average cost of living in Michigan's New Haven you can have more money leftover each month!
New Haven (zip 48048) has an unemployment rate of 4.3%. The US average is 6.0%.
New Haven (zip 48048) has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 37.4%, which is higher than the US average of 33.5%.
Tax Rates for New Haven (zip 48048)
- The Sales Tax Rate for New Haven (zip 48048) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for New Haven (zip 48048) 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 New Haven (zip 48048)
- The average income of a New Haven (zip 48048) resident is $22,078 a year. The US average is $28,555 a year.
- The Median household income of a New Haven (zip 48048) resident is $60,639 a year. The US average is $69,021 a year.