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Economy in Bear Creek township, Michigan

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyBear Creek township, MIUnited States
Unemployment Rate15.80%9.10%
Recent Job Growth-1.02%-0.12%
Future Job Growth22.16%31.25%
Sales Taxes6.00%6.80%
Income Taxes4.35%6.25%
Income per Cap.$28,927$27,067
Household Income$55,741$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K9.80%12.10%
Income between 15K and 25K8.63%10.18%
Income between 25K and 35K10.08%10.56%
Income between 35K and 50K16.31%14.98%
Income between 50K and 75K21.85%19.53%
Income between 75K and 100K11.33%12.52%
Income between 100K and 150K14.82%12.14%
Income between 150K and 250K3.73%3.91%
Income between 250K and 500K2.57%3.34%
Income greater than 500K0.88%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations12.88%13.81%
Professional and Related Occupations26.59%22.68%
Service16.41%14.51%
Sales and Office24.31%25.22%
Farming, Fishing, and Forestry0.35%0.68%
Construction, Extraction, and Maintenance12.76%9.37%
Production, Transportation, and Material Moving11.74%15.86%
Median Household Income

The unemployment rate in Bear Creek township, MI, is 15.80%, with job growth of -1.02%. Future job growth over the next ten years is predicted to be 22.16%.

Bear Creek township, MI Taxes

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

Bear Creek township, MI Income and Salaries

The income per capita is $28,927, which includes all adults and children. The median household income is $55,741.


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