Kalamazoo, MI has an estimated population of 75,400. Rent for a two-bedroom apartment averages at $1,010 per month, while the U.S average comes in at $1,430. Grocery Cost Index in Kalamazoo is 91, compared to 100 in the US. This makes Kalamazoo a great city to live and work in if you are looking for an affordable place to settle down. The city is home to many big companies such as Stryker Corporation, Consumers Energy, Checkers Industrial Products Inc., The Upjohn Company and Gibson Guitar Corporation. There are also small businesses like Kalamazoo Flux Technologies LLC and West Michigan Janitorial Services that provide employment opportunities for locals as well.
Kalamazoo (zip 49001) has an unemployment rate of 6.3%. The US average is 6.0%.
Kalamazoo (zip 49001) has seen the job market decrease by -6.0% over the last year. Future job growth over the next ten years is predicted to be 29.9%, which is lower than the US average of 33.5%.
Tax Rates for Kalamazoo (zip 49001)
- The Sales Tax Rate for Kalamazoo (zip 49001) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Kalamazoo (zip 49001) is 4.3%. The US average is 4.6%.
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Income and Salaries for Kalamazoo (zip 49001)
- The average income of a Kalamazoo (zip 49001) resident is $27,211 a year. The US average is $37,638 a year.
- The Median household income of a Kalamazoo (zip 49001) resident is $49,414 a year. The US average is $69,021 a year.