Hubbardston, MI Economy


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Hubbardston, MI is an affordable place to live compared to the rest of the US. The average rent for a 2 bedroom apartment in Hubbardston is $840, while the same apartment in the US is $1,430. Additionally, the cost of groceries in Hubbardston is 93 on the index versus 100 nationally. There are many local companies that make up this charming community such as Citizens State Bank of Hubbardston, Michigan Window Cleaning Company, and Cardwell Landscaping Services. Local businesses are supported by the residents who take pride in their hometown. Overall, living in Hubbardston provides quality amenities at a lower price than other parts of the country.

Hubbardston has an unemployment rate of 4.7%. The US average is 6.0%.

Hubbardston has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 32.3%, which is lower than the US average of 33.5%.

Tax Rates for Hubbardston
- The Sales Tax Rate for Hubbardston is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Hubbardston 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 Hubbardston
- The average income of a Hubbardston resident is $21,681 a year. The US average is $28,555 a year.
- The Median household income of a Hubbardston resident is $53,558 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHubbardston, MichiganUnited States
  4.76
  -4.7%-6.2%
  32.3%33.5%
  6.0%6.2%
  4.3%4.6%
  $23,987$37,638
  $53,558$69,021
  $54,875$85,028
  Population by Occupation
  5.3%1.2%
  0.0%0.5%
  14.0%6.8%
  40.7%10.0%
  1.3%2.5%
  8.7%11.0%
  6.0%4.8%
  0.0%0.8%
  0.0%1.9%
  2.7%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  1.3%4.2%
  0.7%9.3%
  10.0%14.0%
  0.0%2.1%
  2.7%7.0%
  1.3%4.8%
  5.3%4.7%
Health
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