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Parchment, MI
Full City Profile · Michigan · Kalamazoo County County
3.0
/5.0
B
Good
2,012
Population
2,187/sq mi density
$54,572
Median Income
$36,122 per capita
$178,400
Home Value
$200,117 Zillow
$1,024
Median Rent
29.0% income on rent
50°F
Avg Temperature
260 sunny days/yr
1,165
Violent Crime/100K
3,824 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$54,572 median income, 6.7% unemployment
A+
Affordability
4.8 / 5.0
$178,400 home value, $1,024/mo rent
F
Safety
1.0 / 5.0
1,165 violent crimes/100K (207% above avg)
C+
Education
2.9 / 5.0
24.0% bachelor's degree or higher
Income Overview
Median Household Income
$54,572
27% below
US avg: $75,149
Per Capita Income
$36,122
8% below
US avg: $39,052
Unemployment Rate
6.7%
86% above
US avg: 3.6%
Poverty Rate
5.8%
53% below
US avg: 12.4%
Income Comparison: Parchment vs. U.S. Average
Each bar shows Parchment’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$54,572
73%
Per Capita
US: $39,052
$36,122
92%
IRS Avg AGI
US: $72,000
$82,017
114%
Avg Weekly Wage
US: $1,432
$1,264
88%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,264
12% below US avg ($1,432)
Mean Commute Time
19 min
31% below US avg (28 min)
Work From Home
5.3%
65% below US avg (15.2%)
Drive Alone
86.6%
18% above US avg (73.2%)
Public Transit
1.7%
67% below US avg (5.0%)
County GDP
$20,706M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
86.6%
Public Transit
1.7%
Work From Home
5.3%
Other
6.4%
Average commute time
19 minutes
US avg: 28 min
Business Landscape
Total Establishments
5,972
Restaurants
579
Healthcare
749
Retail
848
Manufacturing
295
Tax & Financial
IRS Avg Adjusted Gross Income
$82,017
14% above US avg ($72,000)
Avg Property Tax
$7,471
113% above US avg ($3,500)
Cost of Living Index
96.2
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $54,572 |
| Per Capita Income | $36,122 |
| IRS Avg Adjusted Gross Income | $82,017 |
| Avg Weekly Wage | $1,264 |
| County GDP | $20,706M |
Hardship Indicators
| Unemployment Rate | 6.7% |
| Poverty Rate | 5.8% |
| Gini Coefficient | 0.461 |
| Cost of Living Index | 96.2 |
Commute
| Mean Commute | 19 minutes |
| Drive Alone | 86.6% |
| Public Transit | 1.7% |
| Work From Home | 5.3% |
Businesses
| Total Establishments | 5,972 |
| Restaurants | 579 |
| Healthcare | 749 |
| Retail | 848 |
| Manufacturing | 295 |
Tax
| IRS Avg AGI | $82,017 |
| Avg Property Tax | $7,471 |