Zip 48225 (Harper Woods, MI) Economy


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Harper Woods, MI is a great place to live with a population of 14,236 people. The 2 bedroom rental cost is on par with the US average at $1,430 and the Grocery Cost Index in Harper Woods is 91 versus 100 in the US. This makes Harper Woods an affordable option for those looking to move into the area. Local businesses that are popular include Kmart, Ace Hardware, Harper Woods Pharmacy, M&M Variety Store and MiG's Pizza. Other notable establishments include The Orchid Café, Los Reyes Restaurant and Caesar's Sweet Shoppe Bakery & Deli. All these businesses offer excellent services to the local community and make Harper Woods a great place to live.

Harper Woods (zip 48225) has an unemployment rate of 5.6%. The US average is 6.0%.

Harper Woods (zip 48225) 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 Harper Woods (zip 48225)
- The Sales Tax Rate for Harper Woods (zip 48225) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Harper Woods (zip 48225) 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 Harper Woods (zip 48225)
- The average income of a Harper Woods (zip 48225) resident is $23,639 a year. The US average is $37,638 a year.
- The Median household income of a Harper Woods (zip 48225) resident is $52,600 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHarper Woods, 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%
Reviews for Harper Woods
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Over 16 years ago

I grew up the a w.a.s.p.y, yuppie and old money suburb of Detroit called Grosse Pointe which every "big" city has at least one of. Yet I've come to find over time that  More

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