48209 Detroit, MI is an up-and-coming neighborhood that offers residents a diverse range of shopping, dining, and entertainment options. The average rent for a two-bedroom apartment in the area is $1,000 per month - significantly lower than the national average of $1,430. Additionally, the Grocery Cost Index in this area is 89 compared to 100 in the US. Popular companies located in 48209 Detroit, MI include Motor City Brewing Works, Azucar Bakery & Cafe Detroit, and La Puerta Mexican Kitchen & Tequila Bar. Residents of this area can enjoy quality food and fun experiences without breaking their budget!
Detroit (zip 48209) has an unemployment rate of 9.6%. The US average is 6.0%.
Detroit (zip 48209) 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 29.3%, which is lower than the US average of 33.5%.
Tax Rates for Detroit (zip 48209)
- The Sales Tax Rate for Detroit (zip 48209) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Detroit (zip 48209) is 6.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Detroit (zip 48209)
- The average income of a Detroit (zip 48209) resident is $11,589 a year. The US average is $28,555 a year.
- The Median household income of a Detroit (zip 48209) resident is $34,104 a year. The US average is $69,021 a year.