48329 Waterford, MI is a wonderful area to live with low-cost of living and plenty of local businesses to choose from. The average two bedroom rent is $1,600, which is slightly higher than the US average of $1,430. Grocery costs in 48329 are also low, with an index of 96 compared to the national index of 100. There are many local businesses available in 48329 such as Kroger's grocery store, Walmart Supercenter, Meijer's department store, Target and much more. Each business offers competitive prices on all types of products. With its location near Lakeville Lake and Downtown Auburn Hills, 48329 Waterford has something for everyone and its low cost of living makes it an ideal place to call home.
Waterford (zip 48329) has an unemployment rate of 3.5%. The US average is 6.0%.
Waterford (zip 48329) 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 38.0%, which is higher than the US average of 33.5%.
Tax Rates for Waterford (zip 48329)
- The Sales Tax Rate for Waterford (zip 48329) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Waterford (zip 48329) 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 48329)
- The average income of a Waterford (zip 48329) resident is $32,059 a year. The US average is $28,555 a year.
- The Median household income of a Waterford (zip 48329) resident is $80,016 a year. The US average is $69,021 a year.