Warren, MI is a great place to live with affordable housing and a low cost of living. With a 2 Bedroom rent in Warren estimated at $1,170 compared to the US average at $1430, it's easy to see why this city is attractive for those looking for an affordable home. Grocery costs are also very reasonable in Warren with a grocery cost index of 90 versus 100 in the US. With its location close to Detroit and plenty of local companies such as the General Motors Technical Center, Automation Alley, Stellantis North America and Macomb Community College, Warren is full of potential opportunities for new residents.
Warren (zip 48089) has an unemployment rate of 5.2%. The US average is 6.0%.
Warren (zip 48089) 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 48089)
- The Sales Tax Rate for Warren (zip 48089) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Warren (zip 48089) 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 48089)
- The average income of a Warren (zip 48089) resident is $16,150 a year. The US average is $28,555 a year.
- The Median household income of a Warren (zip 48089) resident is $43,903 a year. The US average is $69,021 a year.