Livonia, MI is a city in Wayne County with a population of 48,154. It is an attractive place for those looking to settle down as it has amenities such as shopping centers, parks, golf courses, fitness centers, etc. The average 2 bedroom rent in Livonia is $1,300 which is lower than the US average of $1,430. The grocery cost index in Livonia is 98 versus 100 in the US making groceries more affordable for residents. In terms of local companies there are many great ones like Meijer Supermarkets, Embassy Suites Detroit-Livonia/Novi Hotel & Conference Center and AutoZone Auto Parts that can all be found within the area. All these factors combined make Livonia a great place to live with an excellent cost of living.
Livonia (zip 48154) has an unemployment rate of 2.5%. The US average is 6.0%.
Livonia (zip 48154) 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 39.2%, which is higher than the US average of 33.5%.
Tax Rates for Livonia (zip 48154)
- The Sales Tax Rate for Livonia (zip 48154) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Livonia (zip 48154) 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 48154)
- The average income of a Livonia (zip 48154) resident is $43,576 a year. The US average is $37,638 a year.
- The Median household income of a Livonia (zip 48154) resident is $92,485 a year. The US average is $69,021 a year.