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Economy in Ann Arbor, Michigan

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyAnn Arbor, MIUnited States
Unemployment Rate7.50%9.10%
Recent Job Growth0.26%-0.12%
Future Job Growth33.02%31.25%
Sales Taxes6.00%6.80%
Income Taxes4.35%6.25%
Income per Cap.$29,914$27,067
Household Income$50,999$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K14.74%12.10%
Income between 15K and 25K10.18%10.18%
Income between 25K and 35K9.56%10.56%
Income between 35K and 50K14.96%14.98%
Income between 50K and 75K17.05%19.53%
Income between 75K and 100K11.63%12.52%
Income between 100K and 150K12.86%12.14%
Income between 150K and 250K4.33%3.91%
Income between 250K and 500K3.94%3.34%
Income greater than 500K0.77%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations16.19%13.81%
Professional and Related Occupations54.68%22.68%
Service14.70%14.51%
Sales and Office20.34%25.22%
Farming, Fishing, and Forestry0.12%0.68%
Construction, Extraction, and Maintenance2.13%9.37%
Production, Transportation, and Material Moving4.68%15.86%
Median Household Income

The unemployment rate in Ann Arbor, MI, is 7.50%, with job growth of 0.26%. Future job growth over the next ten years is predicted to be 33.02%.

Ann Arbor, MI Taxes

Ann Arbor, MI,sales tax rate is 6.00%. Income tax is 4.35%.

Ann Arbor, MI Income and Salaries

The income per capita is $29,914, which includes all adults and children. The median household income is $50,999.


Ann Arbor Economy SperlingViews

Michigan Depression/Recession Impacting Ann Arbor : Traditionally, Ann Arbor has been "relatively" insulated from national and state economic treads by the enormous budget and tax-free status of the University of... (read more)Good bus system: Ann Arbor has a pretty cheap and efficient bus system between the UM buses, the Link, and the AATA system, which is now free to all university-affiliated... (read more)opinions: I am signing onto this web site to find out info on different... (read more)Have an opinion about Ann Arbor? Leave a commentTo See All SperlingViews for Ann Arbor Click Here