Zip 48116 (Brighton, MI) Economy


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Brighton, MI, with a zip code of 48116, is a great place to call home. It is located in Livingston County and offers its residents an excellent quality of life with a low cost of living. According to Numbeo, the two bedroom rent in Brighton is $1,230 which is significantly lower than the US average of $1,430. Additionally, the grocery cost index in Brighton is 100 compared to 100 in the US. Not only does Brighton boast a great cost of living but it also has a wide variety of local businesses to explore including Bob Maxey Ford Inc., Kirtland Products Inc., and Chuck's Auto Repair & Towing Services. Whether you are looking for affordable housing or business opportunities, Brighton can meet your needs.

Brighton (zip 48116) has an unemployment rate of 3.3%. The US average is 6.0%.

Brighton (zip 48116) has seen the job market decrease by -10.5% over the last year. Future job growth over the next ten years is predicted to be 38.8%, which is higher than the US average of 33.5%.

Tax Rates for Brighton (zip 48116)
- The Sales Tax Rate for Brighton (zip 48116) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Brighton (zip 48116) 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 Brighton (zip 48116)
- The average income of a Brighton (zip 48116) resident is $49,193 a year. The US average is $37,638 a year.
- The Median household income of a Brighton (zip 48116) resident is $93,022 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBrighton, MichiganUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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