Hillsdale County, MI Economy


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United States / Michigan / Hillsdale / Hillsdale County / Cities / Zip Codes
Hillsdale, MI County is an ideal place to call home with its low rent and cost of living. For instance, when compared to the US average, 2 bedroom rent in Hillsdale is over $600 less than the national average at only $830 per month. Further analysis also reveals that the grocery cost index in Hillsdale is 93, which is 7 points lower than the US average of 100. This means groceries are much more affordable for those living in Hillsdale. Additionally, this county offers a number of businesses, such as local restaurants and supermarkets like Kroger and Hill's Family Market, that make it easy for people to access affordable goods right within their community. All in all, Hillsdale County is an excellent place to live due to its low rent prices and inexpensive groceries - making it an unbeatable option for those looking for affordability without sacrificing amenities.

Hillsdale County has an unemployment rate of 5.4%. The US average is 6.0%.

Hillsdale County has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 27.1%, which is lower than the US average of 33.5%.

Tax Rates for Hillsdale County
- The Sales Tax Rate for Hillsdale County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Hillsdale 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 Hillsdale County
- The average income of a Hillsdale County resident is $20,888 a year. The US average is $28,555 a year.
- The Median household income of a Hillsdale County resident is $54,110 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHillsdale, MichiganUnited States
  5.46
  -7.2%-6.2%
  27.1%33.5%
  6.0%6.2%
  4.3%4.6%
  $27,495$37,638
  $54,110$69,021
  $65,351$85,028
  Population by Occupation
  2.5%1.2%
  0.1%0.5%
  6.0%6.8%
  23.2%10.0%
  1.6%2.5%
  11.2%11.0%
  5.0%4.8%
  0.8%0.8%
  0.6%1.9%
  2.0%4.7%
  0.7%1.9%
  3.4%7.6%
  0.0%0.1%
  2.0%4.2%
  12.2%9.3%
  13.8%14.0%
  0.7%2.1%
  6.5%7.0%
  3.9%4.8%
  3.8%4.7%
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