Zip 48193 (Riverview, MI) Economy


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48193 Riverview, MI is a great place to live with affordable rent and cost of living. The average 2 bedroom rent in 48193 Riverview, MI is $1,050 compared to the US average of $1,430. Additionally, the grocery cost index in 48193 Riverview, MI is 95 versus 100 in the US. This means more savings for residents of 48193 Riverview, MI. There are many local companies that serve 48193 Riverview such as Belle Tire, D&D Automotive Repair Services and Chartwells School Dining Services. These companies provide high quality services for those living in 48193 Riverview and the surrounding area.

Riverview (zip 48193) has an unemployment rate of 5.6%. The US average is 6.0%.

Riverview (zip 48193) 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 35.0%, which is higher than the US average of 33.5%.

Tax Rates for Riverview (zip 48193)
- The Sales Tax Rate for Riverview (zip 48193) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Riverview (zip 48193) 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 Riverview (zip 48193)
- The average income of a Riverview (zip 48193) resident is $25,306 a year. The US average is $28,555 a year.
- The Median household income of a Riverview (zip 48193) resident is $63,716 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRiverview, MichiganUnited States
  5.66
  -10.5%-6.2%
  35.0%33.5%
  6.0%6.2%
  4.3%4.6%
  $33,264$37,638
  $63,716$69,021
  $78,056$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  4.3%6.8%
  15.3%10.0%
  1.5%2.5%
  9.7%11.0%
  6.5%4.8%
  1.7%0.8%
  2.8%1.9%
  6.5%4.7%
  1.0%1.9%
  5.6%7.6%
  0.0%0.1%
  3.3%4.2%
  4.0%9.3%
  18.8%14.0%
  1.6%2.1%
  7.5%7.0%
  5.6%4.8%
  4.2%4.7%
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