Dimondale, MI Economy


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Dimondale, MI is a small town located in Mid-Michigan. It is home to several local businesses including Dimondale Family Pharmacy, Miller's Sanitation, and White's Collision Repair. As far as living costs, Dimondale is fairly affordable with a 2-bedroom rent coming in at $1,180 versus the national average of $1,430. Additionally, the Grocery Cost Index for Dimondale is 96 compared to 100 in the US which helps keep grocery bills low. All these factors make Dimondale an attractive option for anyone looking for an affordable place to live.

Dimondale has an unemployment rate of 4.9%. The US average is 6.0%.

Dimondale 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 Dimondale
- The Sales Tax Rate for Dimondale is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Dimondale 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 Dimondale
- The average income of a Dimondale resident is $27,014 a year. The US average is $28,555 a year.
- The Median household income of a Dimondale resident is $107,260 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDimondale, MichiganUnited States
  4.96
  -6.9%-6.2%
  34.0%33.5%
  6.0%6.2%
  4.3%4.6%
  $41,103$37,638
  $107,260$69,021
  $116,705$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  4.4%6.8%
  9.3%10.0%
  0.3%2.5%
  6.2%11.0%
  2.2%4.8%
  3.2%0.8%
  1.0%1.9%
  5.3%4.7%
  1.0%1.9%
  3.7%7.6%
  0.0%0.1%
  3.7%4.2%
  8.1%9.3%
  17.9%14.0%
  0.3%2.1%
  11.9%7.0%
  5.7%4.8%
  15.7%4.7%
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