Zip 48212 (Hamtramck, MI) Economy


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Hamtramck, MI is a city located in the center of Wayne County. It has a population of 22,423 people as of 2020. The average rent for a two-bedroom apartment in Hamtramck is $1,010, much lower than the US average of $1,430. The grocery cost index in Hamtramck is 89 compared to 100 in the US.
Hamtramck is home to several businesses and services, including Kochmann Brothers Bakery & Deli, Hamtramck Art Gallery and Amici's Pizza. For entertainment and leisure activities, there are many popular attractions like the Polish Art Center, Poletown Village Historic Museum and Ella Ujazdowska Park. Additionally, there are many outdoor recreation options such as bike trails at Veterans Park and Joe Louis Arena located on Woodward Avenue.

Hamtramck (zip 48212) has an unemployment rate of 5.6%. The US average is 6.0%.

Hamtramck (zip 48212) 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 35.0%, which is higher than the US average of 33.5%.

Tax Rates for Hamtramck (zip 48212)
- The Sales Tax Rate for Hamtramck (zip 48212) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Hamtramck (zip 48212) is 5.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Hamtramck (zip 48212)
- The average income of a Hamtramck (zip 48212) resident is $12,699 a year. The US average is $37,638 a year.
- The Median household income of a Hamtramck (zip 48212) resident is $32,439 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHamtramck, 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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