Zip 49034 (Climax, MI) Economy


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Climax, MI (49034) is a small village located in Kalamazoo County, Michigan. The cost of living index in Climax is significantly lower than the US average of 100, with an index score of 94. This low cost of living makes it an ideal place for those looking to save money while still enjoying a good quality of life. Rent prices for two-bedroom apartments are considerably lower than the national average, with a 2 bedroom apartment costing on average only $870 compared to the US average of $1,430. There are many local businesses in the area such as Pinder Farm Market and Rainbow Country Store that provide goods at more affordable rates than other places.

Climax (zip 49034) has an unemployment rate of 5.1%. The US average is 6.0%.

Climax (zip 49034) 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 Climax (zip 49034)
- The Sales Tax Rate for Climax (zip 49034) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Climax (zip 49034) 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 Climax (zip 49034)
- The average income of a Climax (zip 49034) resident is $26,897 a year. The US average is $28,555 a year.
- The Median household income of a Climax (zip 49034) resident is $63,384 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyClimax, MichiganUnited States
  5.16
  -6.0%-6.2%
  32.5%33.5%
  6.0%6.2%
  4.3%4.6%
  $29,309$37,638
  $63,384$69,021
  $70,690$85,028
  Population by Occupation
  7.8%1.2%
  0.0%0.5%
  7.7%6.8%
  19.7%10.0%
  1.2%2.5%
  5.9%11.0%
  6.8%4.8%
  1.2%0.8%
  2.3%1.9%
  4.8%4.7%
  1.0%1.9%
  2.6%7.6%
  0.2%0.1%
  7.4%4.2%
  13.5%9.3%
  10.1%14.0%
  1.0%2.1%
  0.9%7.0%
  4.2%4.8%
  1.6%4.7%
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