Kimball, MI Economy


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Kimball, MI is a small town located in St. Clair county with a population of about 1,300 people. It is an affordable place to live for many due to costs being lower than the US average in certain areas. For example, 2 bedroom rentals are $1,050 compared to $1,430 in the US and the Grocery Cost Index is 93 versus 100 nationally. Local businesses include Kimball Dairy Bar & Restaurant, Irons Pharmacy Inc., and Starwood Motorsports Park. All in all, Kimball offers an affordable lifestyle that allows its citizens to stretch their budget further than most other places.

Kimball has an unemployment rate of 4.5%. The US average is 6.0%.

Kimball 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 34.8%, which is higher than the US average of 33.5%.

Tax Rates for Kimball
- The Sales Tax Rate for Kimball is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Kimball 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 Kimball
- The average income of a Kimball resident is $23,157 a year. The US average is $28,555 a year.
- The Median household income of a Kimball resident is $55,942 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKimball, MichiganUnited States
  4.56
  -10.5%-6.2%
  34.8%33.5%
  6.0%6.2%
  4.3%4.6%
  $28,068$37,638
  $55,942$69,021
  $59,592$85,028
  Population by Occupation
  0.4%1.2%
  0.0%0.5%
  9.7%6.8%
  25.3%10.0%
  2.0%2.5%
  12.9%11.0%
  4.3%4.8%
  0.6%0.8%
  0.2%1.9%
  1.7%4.7%
  1.5%1.9%
  2.8%7.6%
  0.0%0.1%
  2.3%4.2%
  7.6%9.3%
  13.1%14.0%
  1.6%2.1%
  4.7%7.0%
  4.4%4.8%
  4.8%4.7%
Health
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