Kentwood, MI is a city located in the heart of America’s Midwest. It has a population of around 48,500 people and offers a great standard of living. The 2 bedroom rent cost in Kentwood is $1,210 which is lower than the US average of $1,430. The grocery cost index for Kentwood is 96 which is slightly lower than the US average of 100. For those looking to move to Kentwood there are many local companies such as Meijer Inc., Spartan Nash Co., Advance Auto Parts Inc., X-Rite Incorporated and more! With its low cost of living, Kentwood makes an attractive place to consider when making relocation plans.
Kentwood (zip 49508) has an unemployment rate of 4.5%. The US average is 6.0%.
Kentwood (zip 49508) has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 37.5%, which is higher than the US average of 33.5%.
Tax Rates for Kentwood (zip 49508)
- The Sales Tax Rate for Kentwood (zip 49508) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Kentwood (zip 49508) 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 Kentwood (zip 49508)
- The average income of a Kentwood (zip 49508) resident is $24,261 a year. The US average is $28,555 a year.
- The Median household income of a Kentwood (zip 49508) resident is $61,324 a year. The US average is $69,021 a year.