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Economy in Allen township, Michigan

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyAllen township, MIUnited States
Unemployment Rate11.80%9.10%
Recent Job Growth-3.32%-0.12%
Future Job Growth21.56%31.25%
Sales Taxes6.00%6.80%
Income Taxes4.35%6.25%
Income per Cap.$21,674$27,067
Household Income$49,557$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K8.29%12.10%
Income between 15K and 25K10.45%10.18%
Income between 25K and 35K12.44%10.56%
Income between 35K and 50K19.07%14.98%
Income between 50K and 75K27.53%19.53%
Income between 75K and 100K13.10%12.52%
Income between 100K and 150K7.29%12.14%
Income between 150K and 250K0.66%3.91%
Income between 250K and 500K0.83%3.34%
Income greater than 500K0.33%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations8.75%13.81%
Professional and Related Occupations15.41%22.68%
Service9.00%14.51%
Sales and Office24.91%25.22%
Farming, Fishing, and Forestry2.84%0.68%
Construction, Extraction, and Maintenance10.97%9.37%
Production, Transportation, and Material Moving32.43%15.86%
Median Household Income

The unemployment rate in Allen township, 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 township, MI Taxes

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

Allen township, MI Income and Salaries

The income per capita is $21,674, which includes all adults and children. The median household income is $49,557.


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