Kalamazoo, MI is a vibrant and diverse city located in the southwestern region of Michigan. It boasts a range of attractions including the Kalamazoo Valley Museum, Bell's Brewery, The Kalamazoo Mall and Waldo Stadium. Furthermore, the cost of living in Kalamazoo is lower than average for the United States with 2 bedroom rent costing $1,020 per month versus $1,430 nationally and grocery costs indexing at 93 versus 100. With an array of leisure amenities coupled with affordable living costs it is no surprise that many are calling Kalamazoo home.
Kalamazoo has an unemployment rate of 6.3%. The US average is 6.0%.
Kalamazoo has seen the job market decrease by -6.0% over the last year. Future job growth over the next ten years is predicted to be 29.9%, which is lower than the US average of 33.5%.
Tax Rates for Kalamazoo
- The Sales Tax Rate for Kalamazoo is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Kalamazoo 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 Kalamazoo
- The average income of a Kalamazoo resident is $25,305 a year. The US average is $37,638 a year.
- The Median household income of a Kalamazoo resident is $44,296 a year. The US average is $69,021 a year.