Manchester, MI (48158) is an ideal place to live with a low cost of living. The average two bedroom rent is $1,140 compared to the national average of $1,430. The grocery cost index in Manchester is 98, which is lower than the US index of 100. Manchester offers its residents a wide variety of local businesses and amenities, such as Meijer for groceries, Target for shopping, Comerica Bank for banking services, and Olivet College for higher education. There are plenty of places to eat like Denby's BBQ & Ribs House, Sweetwater Local Foods Market, and the iconic Manchester Pub. With its low cost of living and many local amenities available, Manchester (48158) is an attractive place to live and work.
Manchester (zip 48158) has an unemployment rate of 4.3%. The US average is 6.0%.
Manchester (zip 48158) has seen the job market decrease by -6.3% over the last year. Future job growth over the next ten years is predicted to be 34.0%, which is higher than the US average of 33.5%.
Tax Rates for Manchester (zip 48158)
- The Sales Tax Rate for Manchester (zip 48158) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Manchester (zip 48158) 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 Manchester (zip 48158)
- The average income of a Manchester (zip 48158) resident is $43,130 a year. The US average is $37,638 a year.
- The Median household income of a Manchester (zip 48158) resident is $87,956 a year. The US average is $69,021 a year.