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Zip 49074 (Kalamazoo, MI) Economy


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United States / / / Kalamazoo (zip 49074)
Kalamazoo, MI is a great place to live for those looking to save money on living expenses. The area code 49074 for Kalamazoo has an average 2 bedroom rent of $1,050 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Kalamazoo is 90 compared to the US average of 100. This means that groceries are about 10% cheaper in Kalamazoo than they are around the country. There are many local companies in this area such as Stryker Corporation and Consumers Energy. Furthermore there are several universities nearby including Western Michigan University and Kalamazoo College which makes it a great place for students as well as young professionals to start their careers or settle down. All these factors make 49074 Kalamazoo an affordable place for anyone considering relocating or starting anew in the area.

Kalamazoo (zip 49074) has an unemployment rate of 6.3%. The US average is 6.0%.

Kalamazoo (zip 49074) 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 49074)
- The Sales Tax Rate for Kalamazoo (zip 49074) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Kalamazoo (zip 49074) is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.

Income and Salaries for Kalamazoo (zip 49074)
- The average income of a Kalamazoo (zip 49074) resident is $15,611 a year. The US average is $37,638 a year.
- The Median household income of a Kalamazoo (zip 49074) resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKalamazoo, MichiganUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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