Hartford, MI Economy


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Hartford, MI is a small town located just 30 miles from Grand Rapids. It's an ideal location for those seeking an escape from the hustle and bustle of larger cities while still maintaining access to all the amenities they need. The average rent for a two-bedroom apartment in Hartford is $850, which is much lower than the US average of $1,430. In addition to low rent costs, groceries and other necessities are also much more affordable in Hartford with a grocery cost index of 91 versus 100 in the US.
Hartford has many businesses that serve both residents and visitors alike. The downtown area features local restaurants such as Scrumptious Kitchen Bakery & Cafe and Al-Marah Egyptian Restaurant. There are also plenty of shopping options including Talbot’s Clothing Store and Mill Street Antiques & Collectibles.
Overall, Hartford is an excellent place to live or visit due to its low cost of living and array of local businesses. Whether you're looking for a quiet home away from city life or a great place to shop for unique items, Hartford has something for everyone.

Hartford has an unemployment rate of 6.6%. The US average is 6.0%.

Hartford 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 Hartford
- The Sales Tax Rate for Hartford is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Hartford 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 Hartford
- The average income of a Hartford resident is $12,758 a year. The US average is $28,555 a year.
- The Median household income of a Hartford resident is $32,096 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHartford, MichiganUnited States
  6.66
  -5.5%-6.2%
  25.8%33.5%
  6.0%6.2%
  4.3%4.6%
  $16,349$37,638
  $32,096$69,021
  $35,156$85,028
  Population by Occupation
  4.2%1.2%
  0.0%0.5%
  5.9%6.8%
  20.6%10.0%
  6.2%2.5%
  14.5%11.0%
  1.0%4.8%
  0.9%0.8%
  0.0%1.9%
  1.2%4.7%
  2.2%1.9%
  0.3%7.6%
  0.0%0.1%
  4.8%4.2%
  3.5%9.3%
  17.5%14.0%
  3.3%2.1%
  5.2%7.0%
  0.5%4.8%
  8.1%4.7%
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