Ann Arbor, MI 48108 is a great area for anyone looking to rent a two bedroom apartment. The average rent for a two-bedroom apartment is $1,310, which is lower than the US average of $1,430. Grocery prices in this area are also well below the national average with an index of 100. Ann Arbor offers many amenities that make it attractive to people of all ages. The area boasts numerous local businesses such as Blue Nile Ethiopian Restaurant and Zingerman’s Deli, as well as renowned educational institutions like the University of Michigan and Eastern Michigan University. Additionally, Ann Arbor has plenty of outdoor activities including hiking trails along the Huron River, golf courses, and tennis courts. Lastly, there are multiple cultural events such as live music performances and film festivals that occur throughout the year. All these factors make 48108 Ann Arbor an attractive place to work and live.
Ann Arbor (zip 48108) has an unemployment rate of 4.0%. The US average is 6.0%.
Ann Arbor (zip 48108) 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 33.3%, which is lower than the US average of 33.5%.
Tax Rates for Ann Arbor (zip 48108)
- The Sales Tax Rate for Ann Arbor (zip 48108) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Ann Arbor (zip 48108) 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 48108)
- The average income of a Ann Arbor (zip 48108) resident is $36,385 a year. The US average is $28,555 a year.
- The Median household income of a Ann Arbor (zip 48108) resident is $73,184 a year. The US average is $69,021 a year.