Zip 48015 (Center Line, MI) Economy


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48015 Center Line, MI is a great place to live because it has a low cost of living. The average rent for a two bedroom unit is $990, compared to the US average of $1,430. The local Grocery Cost Index in 48015 Center Line, MI is also lower than the national average at 92%. This makes it an ideal location for those looking for affordable housing and grocery costs alike. Additionally, there are numerous local companies that help keep the economy running smoothly. These include Mio Energy Solutions LLC, E & M Auto Inc., and Beyer Electric Services Inc. Each one employs many citizens in the area and contributes to the excellent quality of life experienced by those who live here.

Center Line (zip 48015) has an unemployment rate of 4.3%. The US average is 6.0%.

Center Line (zip 48015) has seen the job market increase by 0.2% 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 Center Line (zip 48015)
- The Sales Tax Rate for Center Line (zip 48015) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Center Line (zip 48015) 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 Center Line (zip 48015)
- The average income of a Center Line (zip 48015) resident is $19,163 a year. The US average is $28,555 a year.
- The Median household income of a Center Line (zip 48015) resident is $47,391 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCenter Line, MichiganUnited States
  4.36
  -10.6%-6.2%
  37.4%33.5%
  6.0%6.2%
  4.3%4.6%
  $25,211$37,638
  $47,391$69,021
  $59,728$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  9.1%6.8%
  16.9%10.0%
  1.8%2.5%
  12.0%11.0%
  9.9%4.8%
  0.5%0.8%
  1.8%1.9%
  4.1%4.7%
  0.4%1.9%
  4.7%7.6%
  0.0%0.1%
  6.1%4.2%
  4.9%9.3%
  12.1%14.0%
  1.2%2.1%
  4.6%7.0%
  6.1%4.8%
  3.8%4.7%
Health