Zip 48310 (Sterling Heights, MI) Economy


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Sterling Heights, MI is a thriving city located in Macomb County with a population of about 131,000. It has an abundance of amenities, making it an ideal place to live for people looking for the modern conveniences of suburban life. Two-bedroom rentals in Sterling Heights cost on average $1,450, slightly higher than the national average of $1,430. Additionally, the grocery cost index in Sterling Heights is 97 versus the US national rate of 100.
The city is home to several local companies including Universal Logistics Holdings Inc., American Axle & Manufacturing and Diversified Real Estate Services Inc. There are also various educational opportunities offered by Macomb Community College and Michigan State University. Finally, the city boasts numerous parks and recreational activities that offer fun and relaxation for all ages.

Sterling Heights (zip 48310) has an unemployment rate of 4.1%. The US average is 6.0%.

Sterling Heights (zip 48310) 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 37.6%, which is higher than the US average of 33.5%.

Tax Rates for Sterling Heights (zip 48310)
- The Sales Tax Rate for Sterling Heights (zip 48310) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Sterling Heights (zip 48310) 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 Sterling Heights (zip 48310)
- The average income of a Sterling Heights (zip 48310) resident is $27,770 a year. The US average is $37,638 a year.
- The Median household income of a Sterling Heights (zip 48310) resident is $67,389 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySterling Heights, MichiganUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
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    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
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    Unlock10.0%
    Unlock2.5%
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    Unlock4.8%
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    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
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    Unlock4.8%
    Unlock4.7%
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