48189 Whitmore Lake, MI is a beautiful lake-side community located in northern Michigan. The population of the area is estimated to be around 9,000 people. Rent for a two bedroom house is relatively lower than average at only $1,220 per month compared to the US rate of $1,430 per month. Additionally, grocery cost index in the area is slightly lower than the national average at 99 versus 100. This makes Whitmore Lake an attractive location for those looking for affordable living.
The city hosts a variety of companies ranging from small businesses to larger corporations. Local businesses include Barry’s Pizza and Subs, Pickle Barrel Deli & Cafe, Phoenix Fitness and Martial Arts Academy and Whitmore Lake Hardware & Supply Co. Larger corporations located in Whitmore Lake are Nestle USA Research & Development Center, South Lyon Medical Group and Ann Arbor State Bank.
Whitmore Lake (zip 48189) has an unemployment rate of 4.3%. The US average is 6.0%.
Whitmore Lake (zip 48189) 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 Whitmore Lake (zip 48189)
- The Sales Tax Rate for Whitmore Lake (zip 48189) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Whitmore Lake (zip 48189) 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 Whitmore Lake (zip 48189)
- The average income of a Whitmore Lake (zip 48189) resident is $40,189 a year. The US average is $37,638 a year.
- The Median household income of a Whitmore Lake (zip 48189) resident is $73,702 a year. The US average is $69,021 a year.