Economy in Canton, Michigan
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Economy
| Unemployment Rate | 4.00% | 9.10% |
| Recent Job Growth | -0.25% | -0.12% |
| Future Job Growth | 35.50% | 31.25% |
| Sales Taxes | 6.00% | 6.80% |
| Income Taxes | 4.35% | 6.25% |
| Income per Cap. | $34,114 | $27,067 |
| Household Income | $84,483 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 4.20% | 12.10% |
| Income between 15K and 25K | 5.52% | 10.18% |
| Income between 25K and 35K | 6.50% | 10.56% |
| Income between 35K and 50K | 9.93% | 14.98% |
| Income between 50K and 75K | 17.11% | 19.53% |
| Income between 75K and 100K | 17.85% | 12.52% |
| Income between 100K and 150K | 25.50% | 12.14% |
| Income between 150K and 250K | 8.08% | 3.91% |
| Income between 250K and 500K | 4.76% | 3.34% |
| Income greater than 500K | 0.56% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 19.81% | 13.81% |
| Professional and Related Occupations | 29.44% | 22.68% |
| Service | 11.45% | 14.51% |
| Sales and Office | 26.52% | 25.22% |
| Farming, Fishing, and Forestry | 0.11% | 0.68% |
| Construction, Extraction, and Maintenance | 5.30% | 9.37% |
| Production, Transportation, and Material Moving | 12.77% | 15.86% |
The unemployment rate in Canton, MI, is 4.00%, with job growth of -0.25%. Future job growth over the next ten years is predicted to be 35.50%.
Canton, MI Taxes
Canton, MI,sales tax rate is 6.00%. Income tax is 4.35%.
Canton, MI Income and Salaries
The income per capita is $34,114, which includes all adults and children. The median household income is $84,483.
Canton Economy SperlingViews
Not bad: Good home values and a local government that seems to strike a decent balance between development and... (read more)Lack of public transportation: Due to the lack of public transportation in this city, and because of the massive populaiton boom, the traffic is very... (read more)Glennie,mi: I grew up in Glennie. I live down state now and I miss it everyday of my life! I love how quite it is up there. I diffently miss the whole enviorment up there. Its so... (read more)Have an opinion about Canton? Leave a commentTo See All SperlingViews for Canton Click Here
