Ypsilanti, Michigan (48198) is a vibrant city located in southeast Michigan. It is conveniently situated near Ann Arbor and an easy drive from Detroit. The cost of living is quite low compared to the US average, with 2 bedroom rents at $1,150 versus $1,430 nationally. Additionally, the grocery cost index in Ypsilanti is 94 versus 100 nationally. This makes it an attractive location for those looking for affordability and convenience.
This small city has plenty to offer – there are several local businesses such as Arctic Chill Frozen Yogurt & Ice Cream Parlor, where you can get delicious sundaes or bubble tea; The Rocket Bakery & Coffee Bar that serves freshly roasted coffee and amazing pastries; and Rebel Reclaim which offers unique vintage finds. There are also several schools in the area like Washtenaw Community College and Eastern Michigan University which provide quality education to students in Ypsilanti.
Ypsilanti also has many attractions including Riverside Park which has a beautiful beach along the Huron River; Frog Island Park for outdoor recreation; The Corner Brewery for craft beer aficionados; The Dreamland Theater for entertainment; and the Ypsilanti Automotive Heritage Museum for car enthusiasts. Whether you’re looking to shop local or explore unique attractions, Ypsilanti has something for everyone!
Ypsilanti (zip 48198) has an unemployment rate of 4.3%. The US average is 6.0%.
Ypsilanti (zip 48198) has seen the job market increase by 1.3% 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 Ypsilanti (zip 48198)
- The Sales Tax Rate for Ypsilanti (zip 48198) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Ypsilanti (zip 48198) 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 Ypsilanti (zip 48198)
- The average income of a Ypsilanti (zip 48198) resident is $23,913 a year. The US average is $28,555 a year.
- The Median household income of a Ypsilanti (zip 48198) resident is $55,774 a year. The US average is $69,021 a year.