Kalamazoo County, MI Economy


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Kalamazoo, MI County is an ideal place for those looking for an affordable place to live. The average 2 bedroom rent in the county is $ 1,050, which is much cheaper than the national average of $ 1,430. Additionally, the Grocery Cost Index in Kalamazoo is 94 versus 100 in the US, meaning you can get more food for your money. There are many local companies that offer great deals on groceries and other household items such as Walmart and Meijer. These stores often have low prices compared to other stores making it easy to save money when shopping. The cost of living in Kalamazoo County is relatively low, and combined with the affordability of rent and groceries makes it an attractive option for those looking for a place to settle down.

Kalamazoo County has an unemployment rate of 5.1%. The US average is 6.0%.

Kalamazoo County has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 32.5%, which is lower than the US average of 33.5%.

Tax Rates for Kalamazoo County
- The Sales Tax Rate for Kalamazoo County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Kalamazoo County 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 County
- The average income of a Kalamazoo County resident is $25,943 a year. The US average is $28,555 a year.
- The Median household income of a Kalamazoo County resident is $61,739 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKalamazoo, MichiganUnited States
  5.16
  -6.0%-6.2%
  32.5%33.5%
  6.0%6.2%
  4.3%4.6%
  $34,928$37,638
  $61,739$69,021
  $83,847$85,028
  Population by Occupation
  0.9%1.2%
  0.0%0.5%
  4.1%6.8%
  17.5%10.0%
  2.3%2.5%
  10.6%11.0%
  2.9%4.8%
  0.5%0.8%
  1.3%1.9%
  4.4%4.7%
  1.8%1.9%
  5.4%7.6%
  0.1%0.1%
  3.4%4.2%
  11.0%9.3%
  15.3%14.0%
  1.9%2.1%
  8.5%7.0%
  5.0%4.8%
  2.9%4.7%
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