48240 Redford, MI is a suburb of Detroit located in Wayne County. The average 2 bedroom rental rate for the area is $1,490 which is slightly higher than the national average of $1,430. Grocery costs in 48240 Redford are also slightly higher than the US average with an index score of 91 compared to 100. Residents of 48240 Redford have access to many local businesses such as Abloom Floral Design, Grand Trunk Salon & Spa, and Altech Alarm Systems. These businesses have been providing excellent customer service since their establishment and offer competitive prices for their services.
Redford (zip 48240) has an unemployment rate of 5.6%. The US average is 6.0%.
Redford (zip 48240) 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 Redford (zip 48240)
- The Sales Tax Rate for Redford (zip 48240) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Redford (zip 48240) 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 Redford (zip 48240)
- The average income of a Redford (zip 48240) resident is $21,542 a year. The US average is $28,555 a year.
- The Median household income of a Redford (zip 48240) resident is $55,352 a year. The US average is $69,021 a year.