66 / 100

Kalamazoo County, MI

RANK #339 / 996  ·  POP 261,426  ·  MI

PROJECTED GROWTH: +1.4%

Kalamazoo County combines solid growth with real affordability — a rare combination.

[01] Why Kalamazoo County?

Kalamazoo County, Michigan, stands out for the Kalamazoo Promise, a scholarship program that offers graduates of Kalamazoo Public Schools up to 100% tuition to Michigan's public universities and community colleges. Located in southwestern Michigan, roughly equidistant from Chicago and Detroit, about a two to two-and-a-half-hour drive from each, the county offers a blend of urban amenities and natural scenery. The city of Kalamazoo, the county seat, features a walkable downtown, including the nation's first outdoor pedestrian shopping mall. Residents have access to 83 lakes with public access and an extensive trail system, including the Kalamazoo River Valley Trail, providing opportunities for biking, hiking, and water activities.

The county offers a quality of life that combines affordability with diverse opportunities, attracting families and individuals. Educational institutions like Western Michigan University and Kalamazoo College contribute to a lively college-town atmosphere. The economy is driven by sectors such as life sciences and advanced manufacturing, with major employers present in the area. Recent economic developments include investments in downtown revitalization, focusing on new housing and commercial spaces, and broader efforts to support business growth and community connections. Commute options include local bus services, ride-sharing, and Amtrak connections to major cities.

[02] Market Snapshot

Housing Ratio
3.3x

Undervalued relative to economy

GDP Growth
+2.4%

Below national median

Home Prices
+3.7%

Outpacing national median

Climate & Terrain
-2.1

Below-average climate & terrain

Price/Rent
13x

Below national median (13x)

Housing looks undervalued at 3.3x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Kalamazoo County U.S. National

The Numbers

DEMOGRAPHICS
Population
261,426
+0.06% YoY
Median Household Income
$67,905
Median Home Value
$209,700
+3.72% 12mo
Median Rent
$994
Average Annual Pay
$65,730
+3.5% YoY
Employment
120,708
+0.6% YoY
Income-to-Home-Value
0.3238
More affordable than average
Migration Inflow
4.64%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$287,450
Days on Market
47
Moderate pace
Months of Supply
2.6
Seller's market
Sale-to-List Ratio
96.7%
Negotiation room for buyers
Sold Above List
14.1%
Listings w/ Price Drops
29.3%
Building Permits (2024)
301
Single-Family Permits
284

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$1,320M
TOTAL
PROJECT AMOUNT STATUS
Hyperscale Data Michigan (Dowagiac Data Center Expansion)
Hyperscale Data Inc. (formerly Ault Alliance Inc.)
$500M Under Construction
Pavilion Township Data Center
Franklin Partners
$500M Proposed
Liberty Farms Solar
Consumers Energy
$220M Planned
Oshtemo Township Battery Energy Storage System (BESS)
NewEdge Power
$100M Proposed

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +2.4% 44 percentile
Population Growth +0.1% 32 percentile
Income Growth +10.0% 80 percentile
Vacancy Rate 1.0% 54 percentile
Home Price Change +3.7% 79 percentile
Rent Growth +2.2% 36 percentile
Price/Rent 13x 55 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Kalamazoo County, MI a good place to move to?

Kalamazoo County has a Boom Town Index score of 66/100, ranking #339 among 996 U.S. counties. With job growth at +0.6% and a median household income of $67,905, it's an above-average county on economic indicators.

Is Kalamazoo County affordable?

The median home value in Kalamazoo County is $209,700 with median rent at $994/month. The income-to-home-value ratio is 0.3238, which is more affordable than the national average.

Is Kalamazoo County growing or shrinking?

Population growth: +0.1% year-over-year. Job growth: +0.6%. Home values changed +3.7% in the past 12 months.

Are people moving to Kalamazoo County?

Yes — 4.64% of Kalamazoo County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Monroe County, NY 76 Rock Island County, IL 76 Orange County, NY 76 Athens County, OH 76 Atlantic County, NJ 76 Roanoke County, VA 76 Cook County, IL 76 Grand Traverse County, MI 76