Kinderhook, MI is a great place to live. With a two bedroom rent of only $940, it is well below the national average making it an affordable option for anyone seeking to move. Grocery costs are also low with a cost index of 93 compared to the US average of 100, making budgeting easier for residents. The city offers many amenities within its borders; there are plenty of local companies that serve the community such as Big Red's Ice Cream Parlor, Kinderhook Bakery and Restaurant, and Millbrook Country Store. Residents can also take advantage of local activities such as Riverfest each summer which includes music, food, games and more! All in all, Kinderhook offers great value for those looking for an affordable place to live that provides both economic stability and recreational activities.
Kinderhook has an unemployment rate of 5.0%. The US average is 6.0%.
Kinderhook has seen the job market decrease by -2.7% over the last year. Future job growth over the next ten years is predicted to be 25.6%, which is lower than the US average of 33.5%.
Tax Rates for Kinderhook
- The Sales Tax Rate for Kinderhook is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Kinderhook 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 Kinderhook
- The average income of a Kinderhook resident is $42,932 a year. The US average is $37,638 a year.
- The Median household income of a Kinderhook resident is $62,500 a year. The US average is $69,021 a year.