Hastings, Michigan is a small city located near Grand Rapids, in Barry County. With a population of just over 3,000 people, Hastings is an ideal location for those looking for a quiet and affordable place to live. The 2 bedroom rent in Hastings is $880 which is much cheaper than the US average of $1,430. In addition to rental costs being lower than average, Hastings also boasts low grocery costs with an index score of 94 compared to the US’s 100. This suggests that groceries are 6% less expensive than the national average.
The local economy here is supported by several businesses like Key Tool & Mfg., Inc., ABS Technology Solutions Inc., and Wixom Steel Corporation. With nearby shopping centers and other attractions such as restaurants and golf courses, you can enjoy all the benefits of suburban living at a fraction of the cost. All things considered, Hastings is a great place to settle down and enjoy life while also saving money on everyday expenses!
Hastings (zip 49058) has an unemployment rate of 4.9%. The US average is 6.0%.
Hastings (zip 49058) has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 35.3%, which is higher than the US average of 33.5%.
Tax Rates for Hastings (zip 49058)
- The Sales Tax Rate for Hastings (zip 49058) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Hastings (zip 49058) 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 Hastings (zip 49058)
- The average income of a Hastings (zip 49058) resident is $22,655 a year. The US average is $28,555 a year.
- The Median household income of a Hastings (zip 49058) resident is $61,420 a year. The US average is $69,021 a year.