Highland, Michigan is a great place to call home. With a population of just over 48,356 people, Highland has all the charm of a small town with many of the benefits of city life. The cost of living here is quite reasonable; a two-bedroom rental goes for around $1,280 per month compared to the national average of $1,430 per month. Grocery costs in Highland come in at around 98 points on the Cost Index versus 100 points nationally. Highland is home to well-known companies such as Bosch Automotive and Huron Valley Steel Corporation, as well as smaller local businesses that are worth checking out. All in all, Highland is an ideal location for anyone looking for an affordable place to call home.
Highland (zip 48356) has an unemployment rate of 3.5%. The US average is 6.0%.
Highland (zip 48356) has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 38.0%, which is higher than the US average of 33.5%.
Tax Rates for Highland (zip 48356)
- The Sales Tax Rate for Highland (zip 48356) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Highland (zip 48356) 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 Highland (zip 48356)
- The average income of a Highland (zip 48356) resident is $30,575 a year. The US average is $28,555 a year.
- The Median household income of a Highland (zip 48356) resident is $96,446 a year. The US average is $69,021 a year.