Bloomingdale, MI is a small town located in Van Buren County. It has a charming atmosphere and many local businesses that provide employment opportunities to the residents. Popular local companies include Bloomingdale Hardware, DeYoung’s Country Market, and Grandpa’s Cheese Barn. Jobs in the area range from retail to hospitality to manufacturing. The cost of living here is quite affordable; 2 bedroom rent averages at $880 compared to the US average of $1,430 and the Grocery Cost Index in Bloomingdale is 92 compared to 100 across the country.
Bloomingdale has an unemployment rate of 6.6%. The US average is 6.0%.
Bloomingdale has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 25.8%, which is lower than the US average of 33.5%.
Tax Rates for Bloomingdale
- The Sales Tax Rate for Bloomingdale is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Bloomingdale 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 Bloomingdale
- The average income of a Bloomingdale resident is $17,280 a year. The US average is $28,555 a year.
- The Median household income of a Bloomingdale resident is $47,500 a year. The US average is $69,021 a year.