St. Joseph County, MI Economy


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United States / Michigan / Sturgis / St. Joseph County / Cities / Zip Codes
St. Joseph, MI County is an attractive place to live, with affordable rental prices and cost of living. The average two bedroom rent in the county is $830, compared to the national average for two bedroom rent which is $1,430. Additionally, the Grocery Cost Index in St. Joseph County is 93 versus 100 in the US.
The county boasts numerous local businesses that offer a variety of goods and services. Popular companies in St. Joseph include Lake Michigan Credit Union, Chemical Bank, Hardy's Reindeer Ranch, and Holiday Market. Lake Michigan Credit Union provides financial services to members throughout the state while Chemical Bank offers a variety of banking options from checking accounts to loans. Hardy’s Reindeer Ranch offers visitors a unique experience with reindeer tours while Holiday Market offers groceries at competitive prices.

St. Joseph County has an unemployment rate of 4.9%. The US average is 6.0%.

St. Joseph County has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 25.0%, which is lower than the US average of 33.5%.

Tax Rates for St. Joseph County
- The Sales Tax Rate for St. Joseph County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for St. Joseph 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 St. Joseph County
- The average income of a St. Joseph County resident is $21,122 a year. The US average is $28,555 a year.
- The Median household income of a St. Joseph County resident is $57,080 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySt. Joseph, MichiganUnited States
  4.96
  -2.3%-6.2%
  25.0%33.5%
  6.0%6.2%
  4.3%4.6%
  $27,943$37,638
  $57,080$69,021
  $67,984$85,028
  Population by Occupation
  3.0%1.2%
  0.2%0.5%
  5.5%6.8%
  38.8%10.0%
  1.7%2.5%
  9.6%11.0%
  3.1%4.8%
  0.4%0.8%
  0.6%1.9%
  1.6%4.7%
  1.3%1.9%
  2.0%7.6%
  0.0%0.1%
  2.7%4.2%
  6.1%9.3%
  9.8%14.0%
  0.7%2.1%
  6.5%7.0%
  4.1%4.8%
  2.4%4.7%
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