Canton, MI (48188) is a suburb of Detroit located in the southeastern part of Michigan. It has a population of 90,173 and is known for its diverse culture and low cost of living. The average 2 bedroom rent in Canton, MI is $1,690 while the US average is $1,430. In addition to this affordable housing, Canton also boasts a grocery cost index of 99 compared to the national average of 100.
Canton offers many cultural experiences, such as The Village Theater at Cherry Hill which offers an array of plays and musicals year-round. Or you can visit Heritage Park where you can find educational workshops and walking trails. If shopping is more your thing then check out Summit on the Park Mall which has all sorts of stores from clothing to electronics. There are plenty of restaurants to choose from as well like La Piazza and Lago Azul Mexican Restaurant serving up delicious local dishes.
Canton (zip 48188) has an unemployment rate of 5.6%. The US average is 6.0%.
Canton (zip 48188) 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 35.0%, which is higher than the US average of 33.5%.
Tax Rates for Canton (zip 48188)
- The Sales Tax Rate for Canton (zip 48188) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Canton (zip 48188) 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 Canton (zip 48188)
- The average income of a Canton (zip 48188) resident is $35,361 a year. The US average is $28,555 a year.
- The Median household income of a Canton (zip 48188) resident is $109,037 a year. The US average is $69,021 a year.