Economy in Bay City, Michigan
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Economy
| Unemployment Rate | 11.60% | 9.10% |
| Recent Job Growth | 0.10% | -0.12% |
| Future Job Growth | 28.60% | 31.25% |
| Sales Taxes | 6.00% | 6.80% |
| Income Taxes | 4.35% | 6.25% |
| Income per Cap. | $19,442 | $27,067 |
| Household Income | $33,555 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 19.90% | 12.10% |
| Income between 15K and 25K | 16.34% | 10.18% |
| Income between 25K and 35K | 15.80% | 10.56% |
| Income between 35K and 50K | 16.75% | 14.98% |
| Income between 50K and 75K | 16.37% | 19.53% |
| Income between 75K and 100K | 7.14% | 12.52% |
| Income between 100K and 150K | 5.77% | 12.14% |
| Income between 150K and 250K | 1.01% | 3.91% |
| Income between 250K and 500K | 0.75% | 3.34% |
| Income greater than 500K | 0.17% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 7.61% | 13.81% |
| Professional and Related Occupations | 23.27% | 22.68% |
| Service | 18.89% | 14.51% |
| Sales and Office | 26.16% | 25.22% |
| Farming, Fishing, and Forestry | 0.56% | 0.68% |
| Construction, Extraction, and Maintenance | 7.71% | 9.37% |
| Production, Transportation, and Material Moving | 20.10% | 15.86% |
The unemployment rate in Bay City, MI, is 11.60%, with job growth of 0.10%. Future job growth over the next ten years is predicted to be 28.60%.
Bay City, MI Taxes
Bay City, MI,sales tax rate is 6.00%. Income tax is 4.35%.
Bay City, MI Income and Salaries
The income per capita is $19,442, which includes all adults and children. The median household income is $33,555.
Bay City Economy SperlingViews
Bay City Climate: Beautiful, temperate Spring and Fall seasons. Hot and humid summers. Fierce winters. Huge temperature and weather shifts may come on a daily... (read more)re: Boooooooorrrrrrrrrrrrriiiiiiiiiiinnnnnnnnggggg: I lived in Orlando, FL for 3 yrs., Charlotte, NC for 5 yrs., nearly constant police and emergency sirens in both places.
I'm fine right here.
Bay City,... (read more)Boooooooorrrrrrrrrrrrriiiiiiiiiiinnnnnnnngggggggg: Unless you like living in a faux tourist town with no good jobs to offer and plenty of traffic from people living outside of your town and state, don't move here. The... (read more)Have an opinion about Bay City? Leave a commentTo See All SperlingViews for Bay City Click Here