Hickory Corners, MI Economy


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Hickory Corners, MI is a small village located in Kalamazoo County. It is a popular destination for retirees looking for a peaceful lifestyle. The cost of living in Hickory Corners is quite affordable, with two bedroom rent being $890 compared to the national average of $1,430. Additionally, grocery costs are slightly lower than the national index at 99 versus 100. There are many local businesses within and nearby Hickory Corners such as Grandpa's Garage Museum, Yellow Dog Marketplace, and K&E Nursery & Garden Centers. These businesses give Hickory Corners its unique vibe and provide employment opportunities to local residents.

Hickory Corners has an unemployment rate of 4.9%. The US average is 6.0%.

Hickory Corners has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 35.3%, which is higher than the US average of 33.5%.

Tax Rates for Hickory Corners
- The Sales Tax Rate for Hickory Corners is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Hickory Corners 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 Hickory Corners
- The average income of a Hickory Corners resident is $19,639 a year. The US average is $28,555 a year.
- The Median household income of a Hickory Corners resident is $51,838 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHickory Corners, MichiganUnited States
  4.96
  -6.0%-6.2%
  35.3%33.5%
  6.0%6.2%
  4.3%4.6%
  $33,885$37,638
  $51,838$69,021
Family Median Income 85028
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