Livonia, MI, is a great place to live. Located in Wayne County, it has a population of 48,150 people. The average 2 bedroom rent in Livonia is $1,360 compared to the US average of $1,430. Grocery Cost Index in Livonia is 96 versus 100 in the US. Livonia provides plenty of engaging activities for its residents with attractions such as Laurel Park Place Mall and The Redford Theatre. There are also several notable companies located in the city such as Wayne County Community College District and St John Providence Medical Center. Living in Livonia provides an affordable cost of living combined with numerous entertainment options and job opportunities.
Livonia (zip 48150) has an unemployment rate of 2.5%. The US average is 6.0%.
Livonia (zip 48150) 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 39.2%, which is higher than the US average of 33.5%.
Tax Rates for Livonia (zip 48150)
- The Sales Tax Rate for Livonia (zip 48150) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Livonia (zip 48150) 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 Livonia (zip 48150)
- The average income of a Livonia (zip 48150) resident is $29,663 a year. The US average is $28,555 a year.
- The Median household income of a Livonia (zip 48150) resident is $85,947 a year. The US average is $69,021 a year.