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Economy in Caldwell township, Michigan

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyCaldwell township, MIUnited States
Unemployment Rate15.00%9.10%
Recent Job Growth-3.29%-0.12%
Future Job Growth18.42%31.25%
Sales Taxes6.00%6.80%
Income Taxes4.35%6.25%
Income per Cap.$19,062$27,067
Household Income$37,199$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K16.95%12.10%
Income between 15K and 25K14.60%10.18%
Income between 25K and 35K15.27%10.56%
Income between 35K and 50K22.32%14.98%
Income between 50K and 75K17.11%19.53%
Income between 75K and 100K8.22%12.52%
Income between 100K and 150K4.19%12.14%
Income between 150K and 250K0.17%3.91%
Income between 250K and 500K0.84%3.34%
Income greater than 500K0.34%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations7.45%13.81%
Professional and Related Occupations16.39%22.68%
Service16.72%14.51%
Sales and Office23.51%25.22%
Farming, Fishing, and Forestry1.99%0.68%
Construction, Extraction, and Maintenance13.74%9.37%
Production, Transportation, and Material Moving31.95%15.86%
Median Household Income

The unemployment rate in Caldwell township, MI, is 15.00%, with job growth of -3.29%. Future job growth over the next ten years is predicted to be 18.42%.

Caldwell township, MI Taxes

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

Caldwell township, MI Income and Salaries

The income per capita is $19,062, which includes all adults and children. The median household income is $37,199.


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