Huntington Woods, MI is an affluent city located at zip code 48070. The two bedroom rent here is significantly higher than the US average at $1,790 versus $1,430. Additionally, the grocery cost index in Huntington Woods is 102 compared to 100 in the US. The city boasts many amenities including local parks, cultural attractions such as the Detroit Symphony Orchestra, and a number of businesses such as Signature Garden Florists and Finer Things Consignment Boutique. Huntington Woods is a great place to live for those who enjoy the outdoors or appreciate luxury goods and services.
Huntington Woods (zip 48070) has an unemployment rate of 3.5%. The US average is 6.0%.
Huntington Woods (zip 48070) has seen the job market decrease by -10.6% 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 Huntington Woods (zip 48070)
- The Sales Tax Rate for Huntington Woods (zip 48070) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Huntington Woods (zip 48070) 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 Huntington Woods (zip 48070)
- The average income of a Huntington Woods (zip 48070) resident is $70,428 a year. The US average is $37,638 a year.
- The Median household income of a Huntington Woods (zip 48070) resident is $157,665 a year. The US average is $69,021 a year.