Zip 48088 (Warren, MI) Economy


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Warren, MI (48088) is a city located in Macomb County with a population of 134,056. The cost of living is quite reasonable compared to the US average, as the 2 bedroom rent for $1,160 per month versus $1,430 nationally. Grocery costs are also lower than those of other cities in the US at a grocery cost index of 95.
Residents of Warren have plenty to do in terms of recreation and entertainment. Local companies such as General Motors Technical Center and Stahl's Automotive are some of the largest employers in the city. There is also excellent shopping at Macomb Mall and plenty of dining options available throughout downtown Warren and adjoining areas. All in all, Warren offers an affordable standard for living that makes it an attractive option for many people looking for a place to call home.

Warren (zip 48088) has an unemployment rate of 5.2%. The US average is 6.0%.

Warren (zip 48088) has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 35.1%, which is higher than the US average of 33.5%.

Tax Rates for Warren (zip 48088)
- The Sales Tax Rate for Warren (zip 48088) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Warren (zip 48088) 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 Warren (zip 48088)
- The average income of a Warren (zip 48088) resident is $27,474 a year. The US average is $28,555 a year.
- The Median household income of a Warren (zip 48088) resident is $70,523 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWarren, MichiganUnited States
  5.26
  -10.6%-6.2%
  35.1%33.5%
  6.0%6.2%
  4.3%4.6%
  $33,996$37,638
  $70,523$69,021
  $86,748$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  6.1%6.8%
  18.9%10.0%
  2.6%2.5%
  13.0%11.0%
  4.7%4.8%
  0.8%0.8%
  0.8%1.9%
  5.2%4.7%
  1.9%1.9%
  5.3%7.6%
  0.1%0.1%
  3.5%4.2%
  5.5%9.3%
  13.7%14.0%
  2.0%2.1%
  7.4%7.0%
  5.0%4.8%
  3.2%4.7%
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