Galesburg, MI is a small town located in Kalamazoo County with a population of approximately 3,400 people. It is known to be quite affordable for those looking to rent or buy property as the average 2 bedroom rent is $810 compared to the US average of $1,430. This city also offers lower than average grocery costs with an index rating of 95 compared to the US’s 100. Local businesses include Stucky’s Grocery Store and Galesburg Hardware & Supply Co., which both offer quality products at reasonable prices. Residents enjoy shopping locally and taking part in community activities year round.
Galesburg has an unemployment rate of 5.1%. The US average is 6.0%.
Galesburg 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 Galesburg
- The Sales Tax Rate for Galesburg is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Galesburg 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 Galesburg
- The average income of a Galesburg resident is $18,958 a year. The US average is $28,555 a year.
- The Median household income of a Galesburg resident is $37,675 a year. The US average is $69,021 a year.