Ann Arbor, MI 48105 is a vibrant city in Washtenaw County with a population of 121,980. The average two-bedroom rent in Ann Arbor is $1,680 per month. This cost is slightly higher than the national average of $1,430 monthly for two bedrooms. Furthermore, the Grocery Cost Index is 103 compared to the US index of 100.
Ann Arbor offers many major companies and industries to its residents such as Google, Hewlett Packard Enterprise, Amazon Web Services, Dun & Bradstreet Credibility Corp., Accenture and Barracuda Networks amongst others. Furthermore, smaller local businesses who are making their mark include Ann Arbor Distilling Co., Zingerman’s Delicatessen and Argus Farm Stop.
Ann Arbor (zip 48105) has an unemployment rate of 3.5%. The US average is 6.0%.
Ann Arbor (zip 48105) has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 38.1%, which is higher than the US average of 33.5%.
Tax Rates for Ann Arbor (zip 48105)
- The Sales Tax Rate for Ann Arbor (zip 48105) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Ann Arbor (zip 48105) 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 Ann Arbor (zip 48105)
- The average income of a Ann Arbor (zip 48105) resident is $42,446 a year. The US average is $28,555 a year.
- The Median household income of a Ann Arbor (zip 48105) resident is $83,947 a year. The US average is $69,021 a year.