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Economy in Cadillac, Michigan

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyCadillac, MIUnited States
Unemployment Rate14.30%9.10%
Recent Job Growth-3.26%-0.12%
Future Job Growth19.18%31.25%
Sales Taxes6.00%6.80%
Income Taxes4.35%6.25%
Income per Cap.$18,898$27,067
Household Income$34,281$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K19.31%12.10%
Income between 15K and 25K16.85%10.18%
Income between 25K and 35K14.87%10.56%
Income between 35K and 50K18.18%14.98%
Income between 50K and 75K15.88%19.53%
Income between 75K and 100K6.95%12.52%
Income between 100K and 150K5.25%12.14%
Income between 150K and 250K1.32%3.91%
Income between 250K and 500K1.25%3.34%
Income greater than 500K0.14%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations10.29%13.81%
Professional and Related Occupations20.16%22.68%
Service16.67%14.51%
Sales and Office25.50%25.22%
Farming, Fishing, and Forestry0.46%0.68%
Construction, Extraction, and Maintenance6.34%9.37%
Production, Transportation, and Material Moving31.02%15.86%
Median Household Income

The unemployment rate in Cadillac, MI, is 14.30%, with job growth of -3.26%. Future job growth over the next ten years is predicted to be 19.18%.

Cadillac, MI Taxes

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

Cadillac, MI Income and Salaries

The income per capita is $18,898, which includes all adults and children. The median household income is $34,281.


Cadillac Economy SperlingViews

Cadillac is the best place to live: In my opinion Cadillac, MI is one of the best places to live in Michigan these days. We are the largest manufacturing city in northern michigan, including the U.P. that... (read more)Cadillac Has Gone Downhill...: I grew up in Cadillac. It used to be a decent, if uncultured, place to live. The public schools were safe, you could actually leave your cars unlocked, and homes were... (read more)The good and the bad: I lived in Cadillac for 8 years and this is my opinion. Cadillac has beautiful lakes and National forests in the area that provide a lot of both winter and summer... (read more)Have an opinion about Cadillac? Leave a commentTo See All SperlingViews for Cadillac Click Here