Rochester Hills, MI is a vibrant, growing suburb of Detroit with a population of just over 70,000. This family-friendly community offers residents access to excellent education, diverse job opportunities, plenty of shopping and dining options. The average 2 Bedroom rent in Rochester Hills is $1,580, which is slightly higher than the US average of $1,430. The Grocery Cost Index in Rochester Hills is also 101 versus 100 in the US.
Residents in Rochester Hills have access to several popular retail stores including Target, Shoe Carnival and Burlington Coat Factory. There are also many small locally owned businesses available that offer unique gifts and services such as Bloom Boutique & Spa or All That Matters Holistic Health Center. For dining options you can enjoy classic American fare at O'Connor's Public House or try some delicious Mediterranean food from the Greek Islands Coney Island Restaurant. With so many unique shops and restaurants to choose from, there’s something for everyone in Rochester Hills!
Rochester Hills (zip 48309) has an unemployment rate of 2.9%. The US average is 6.0%.
Rochester Hills (zip 48309) has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 38.6%, which is higher than the US average of 33.5%.
Tax Rates for Rochester Hills (zip 48309)
- The Sales Tax Rate for Rochester Hills (zip 48309) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Rochester Hills (zip 48309) 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 Rochester Hills (zip 48309)
- The average income of a Rochester Hills (zip 48309) resident is $39,810 a year. The US average is $28,555 a year.
- The Median household income of a Rochester Hills (zip 48309) resident is $108,588 a year. The US average is $69,021 a year.