Hesperia, MI is a small city located in the southwest region of Michigan. With a friendly community and close proximity to larger cities like Grand Rapids and Kalamazoo, Hesperia is great for those looking for a small town experience while still enjoying activities and amenities nearby. There are several local companies in Hesperia such as Artistry Candle Company, Grandma's Garden Greenhouse, and K&M Motors. The cost of living in Hesperia is relatively low with 2 bedroom rent at $830 per month and grocery cost index at 91 versus 100 in the US. This combined with its convenient location makes Hesperia an attractive place to live for many people.
Hesperia has an unemployment rate of 8.0%. The US average is 6.0%.
Hesperia has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 22.0%, which is lower than the US average of 33.5%.
Tax Rates for Hesperia
- The Sales Tax Rate for Hesperia is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Hesperia 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 Hesperia
- The average income of a Hesperia resident is $13,637 a year. The US average is $28,555 a year.
- The Median household income of a Hesperia resident is $32,059 a year. The US average is $69,021 a year.