Hillsdale, MI is a wonderful place to live. It offers a low cost of living with rent for two bedroom apartments being around $830 compared to the national average of $1,430. Additionally, Hillsdale has a grocery cost index of 93 which is significantly lower than the average of 100 in the US. The city also boasts many local businesses such as Hillsdale Hardware, Ace Printing Company, and Hillside Homecare Services to name a few. Overall, Hillsdale provides an excellent quality of life at an affordable price for all its residents.
Hillsdale has an unemployment rate of 5.4%. The US average is 6.0%.
Hillsdale has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 27.1%, which is lower than the US average of 33.5%.
Tax Rates for Hillsdale
- The Sales Tax Rate for Hillsdale is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Hillsdale 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 Hillsdale
- The average income of a Hillsdale resident is $20,918 a year. The US average is $37,638 a year.
- The Median household income of a Hillsdale resident is $44,494 a year. The US average is $69,021 a year.