Zip 48101 (Allen Park, MI) Economy


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Allen park is an up-and-coming city located in Michigan. It offers a variety of activities and is close to the major cities of Detroit and Ann Arbor. The 2 bedroom rent in Allen Park is $1,210, which is slightly less than the US average of $1,430. Additionally, the Grocery Cost Index for Allen Park is 93, compared to 100 in the US. There are several local companies within Allen Park that residents can support such as Genteel Suburban Supper Club, Detroit Dog Company, and Motor City Brew Tours. All these businesses offer unique experiences that cannot be found anywhere else.

Allen Park (zip 48101) has an unemployment rate of 3.6%. The US average is 6.0%.

Allen Park (zip 48101) 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 37.4%, which is higher than the US average of 33.5%.

Tax Rates for Allen Park (zip 48101)
- The Sales Tax Rate for Allen Park (zip 48101) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Allen Park (zip 48101) 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 Allen Park (zip 48101)
- The average income of a Allen Park (zip 48101) resident is $28,910 a year. The US average is $28,555 a year.
- The Median household income of a Allen Park (zip 48101) resident is $69,455 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAllen Park, MichiganUnited States
  3.66
  -10.6%-6.2%
  37.4%33.5%
  6.0%6.2%
  4.3%4.6%
  $36,488$37,638
  $69,455$69,021
  $89,137$85,028
  Population by Occupation
  0.1%1.2%
  0.1%0.5%
  5.6%6.8%
  16.7%10.0%
  2.2%2.5%
  10.5%11.0%
  4.3%4.8%
  0.5%0.8%
  1.6%1.9%
  5.2%4.7%
  1.4%1.9%
  6.1%7.6%
  0.1%0.1%
  4.0%4.2%
  8.4%9.3%
  17.0%14.0%
  2.0%2.1%
  6.2%7.0%
  4.1%4.8%
  4.0%4.7%
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