Economy in Allen, Michigan

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Economy

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Economy	Allen, MI	United States
Unemployment Rate	11.80%	9.10%
Recent Job Growth	-3.32%	-0.12%
Future Job Growth	21.56%	31.25%
Sales Taxes	6.00%	6.80%
Income Taxes	4.35%	6.25%
Income per Cap.	$22,374	$27,067
Household Income	$51,867	$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K	9.41%	12.10%
Income between 15K and 25K	8.24%	10.18%
Income between 25K and 35K	9.41%	10.56%
Income between 35K and 50K	21.18%	14.98%
Income between 50K and 75K	27.06%	19.53%
Income between 75K and 100K	14.12%	12.52%
Income between 100K and 150K	9.41%	12.14%
Income between 150K and 250K	0.00%	3.91%
Income between 250K and 500K	1.18%	3.34%
Income greater than 500K	0.00%	0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations	9.68%	13.81%
Professional and Related Occupations	13.71%	22.68%
Service	8.87%	14.51%
Sales and Office	26.61%	25.22%
Farming, Fishing, and Forestry	4.03%	0.68%
Construction, Extraction, and Maintenance	12.90%	9.37%
Production, Transportation, and Material Moving	31.45%	15.86%

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The unemployment rate in Allen, MI, is 11.80%, with job growth of -3.32%. Future job growth over the next ten years is predicted to be 21.56%.

Allen, MI Taxes

Allen, MI,sales tax rate is 6.00%. Income tax is 4.35%.

Allen, MI Income and Salaries

The income per capita is $22,374, which includes all adults and children. The median household income is $51,867.

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