Hillsdale, MI Metro Area is a great place to live with affordable rent costs and an overall cost of living that is lower than the US average. Two bedroom rent in Hillsdale, MI Metro Area is currently $830 while the US average is $1,430. Also, groceries are more affordable here with a grocery cost index of 93 compared to 100 in the US. There are many local companies in the area such as Hillsdale Auto Parts, Mid Michigan Metal Processing and Hillsdale Manufacturing Company. For recreational activities there’s no shortage of options here either; from family friendly movie theaters like the Maple Theatre to outdoor activities such as fishing at The Pines Golf Course or visiting Baw Beese Lake Park for some hiking trails and picnicking spots.
Hillsdale Metro Area has an unemployment rate of 5.4%. The US average is 6.0%.
Hillsdale Metro Area 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 Metro Area
- The Sales Tax Rate for Hillsdale Metro Area is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Hillsdale Metro Area 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 Metro Area
- The average income of a Hillsdale Metro Area resident is $20,888 a year. The US average is $28,555 a year.
- The Median household income of a Hillsdale Metro Area resident is $54,110 a year. The US average is $69,021 a year.