Kochville, MI Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Kochville, MI is an affordable area to live in with a 2 bedroom rent of $990 which is significantly lower than the US national average. Grocery costs are also lower with an index of 90 compared to the US score of 100. Kochville has many local companies and amenities such as Kochville Building Supply, Heron Creek Golf Course, and Phoenix Park. The city also provides a range of recreational activities such as camping, fishing, biking, and boating at nearby lakes. With its competitive housing prices and access to local businesses and recreational activities Kochville makes an appealing destination for those looking to move in the area.

Kochville has an unemployment rate of 6.8%. The US average is 6.0%.

Kochville has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 22.3%, which is lower than the US average of 33.5%.

Tax Rates for Kochville
- The Sales Tax Rate for Kochville is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Kochville 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 Kochville
- The average income of a Kochville resident is $16,447 a year. The US average is $28,555 a year.
- The Median household income of a Kochville resident is $53,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKochville, MichiganUnited States
  6.86
  -7.7%-6.2%
  22.3%33.5%
  6.0%6.2%
  4.3%4.6%
  $17,074$37,638
  $53,000$69,021
  $76,141$85,028
  Population by Occupation
  0.9%1.2%
  0.0%0.5%
  4.7%6.8%
  10.1%10.0%
  1.0%2.5%
  14.1%11.0%
  1.0%4.8%
  0.0%0.8%
  1.5%1.9%
  0.7%4.7%
  0.6%1.9%
  4.0%7.6%
  0.0%0.1%
  0.4%4.2%
  23.6%9.3%
  17.9%14.0%
  0.6%2.1%
  15.0%7.0%
  2.2%4.8%
  1.7%4.7%
Health
Compare Kochville, MI
cost of living
Compare food, housing, utilities, and more in Kochville, Michigan to any other city in the US.