Alamo, MI Economy


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Alamo, MI is a small town located in Kalamazoo county with a serene environment perfect for families and individuals looking for an escape to the peacefulness of rural life. The cost of living in Alamo, MI is relatively lower compared to the US average, with two-bedroom rent costing $1120 compared to $1430 nationally. Additionally, Alamo has a grocery cost index of 97 versus 100 in the US. Despite its size, Alamo offers a variety of attractions and companies that people can explore. Notable companies include Robert Bowden Orchards and The Village Market while popular attractions include Chainsaw Sculpture Garden and Yankee Springs State Recreation Area. Whatever you’re looking for, Alamo has something special for everyone to enjoy.

Alamo has an unemployment rate of 5.1%. The US average is 6.0%.

Alamo has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 32.5%, which is lower than the US average of 33.5%.

Tax Rates for Alamo
- The Sales Tax Rate for Alamo is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Alamo 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 Alamo
- The average income of a Alamo resident is $26,852 a year. The US average is $28,555 a year.
- The Median household income of a Alamo resident is $72,792 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAlamo, MichiganUnited States
  5.16
  -6.0%-6.2%
  32.5%33.5%
  6.0%6.2%
  4.3%4.6%
  $35,690$37,638
  $72,792$69,021
  $87,128$85,028
  Population by Occupation
  0.4%1.2%
  0.0%0.5%
  13.8%6.8%
  19.8%10.0%
  2.4%2.5%
  8.1%11.0%
  1.7%4.8%
  0.4%0.8%
  0.5%1.9%
  6.7%4.7%
  2.2%1.9%
  5.0%7.6%
  0.0%0.1%
  3.0%4.2%
  7.7%9.3%
  14.7%14.0%
  1.6%2.1%
  2.8%7.0%
  6.6%4.8%
  2.6%4.7%
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