48327 Waterford, MI is an idyllic city located in Oakland County. The average two bedroom rent rate in this area is $1,110 compared to the US average of $1,430. The grocery cost index for this particular area is 95 compared to the US number of 100. As a result, living costs in this city are lower and more affordable than other cities of similar size.
There are many local businesses in 48327 Waterford, MI that can help make life easier. Popular stores include Meijer, Target, Ollie's Bargain Outlet and Pet Supplies Plus. There are also numerous restaurants such as Red Lobster, White Castle and Taco Bell that offer delicious dining options for locals and visitors alike. Furthermore, there are a variety of services available from companies like Apex Electrical Services LLC, Golden Lake Contracting & Plumbing and All Pro Home Services. These businesses provide excellent customer service and quality products to the residents of 48327 Waterford, MI.
Waterford (zip 48327) has an unemployment rate of 3.9%. The US average is 6.0%.
Waterford (zip 48327) 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 36.8%, which is higher than the US average of 33.5%.
Tax Rates for Waterford (zip 48327)
- The Sales Tax Rate for Waterford (zip 48327) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Waterford (zip 48327) 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 Waterford (zip 48327)
- The average income of a Waterford (zip 48327) resident is $27,547 a year. The US average is $28,555 a year.
- The Median household income of a Waterford (zip 48327) resident is $63,998 a year. The US average is $69,021 a year.