Economy in Commerce township, Michigan
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Economy
| Unemployment Rate | 8.30% | 9.10% |
| Recent Job Growth | -1.31% | -0.12% |
| Future Job Growth | 29.08% | 31.25% |
| Sales Taxes | 6.00% | 6.80% |
| Income Taxes | 4.35% | 6.25% |
| Income per Cap. | $38,597 | $27,067 |
| Household Income | $86,818 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 3.59% | 12.10% |
| Income between 15K and 25K | 4.60% | 10.18% |
| Income between 25K and 35K | 5.34% | 10.56% |
| Income between 35K and 50K | 10.12% | 14.98% |
| Income between 50K and 75K | 18.44% | 19.53% |
| Income between 75K and 100K | 16.94% | 12.52% |
| Income between 100K and 150K | 23.57% | 12.14% |
| Income between 150K and 250K | 8.72% | 3.91% |
| Income between 250K and 500K | 7.54% | 3.34% |
| Income greater than 500K | 1.15% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 19.96% | 13.81% |
| Professional and Related Occupations | 24.84% | 22.68% |
| Service | 12.33% | 14.51% |
| Sales and Office | 30.29% | 25.22% |
| Farming, Fishing, and Forestry | 0.03% | 0.68% |
| Construction, Extraction, and Maintenance | 6.67% | 9.37% |
| Production, Transportation, and Material Moving | 13.61% | 15.86% |
The unemployment rate in Commerce township, MI, is 8.30%, with job growth of -1.31%. Future job growth over the next ten years is predicted to be 29.08%.
Commerce township, MI Taxes
Commerce township, MI,sales tax rate is 6.00%. Income tax is 4.35%.
Commerce township, MI Income and Salaries
The income per capita is $38,597, which includes all adults and children. The median household income is $86,818.
Commerce township Economy SperlingViews
Rolling hills and lakes near metro Detroit: Commerce Township is an area of lakes and wetlands surrounded by hills and trees that lacks the feel of an urban area. In some areas, much of the year there is no... (read more)Have an opinion about Commerce township? Leave a commentTo See All SperlingViews for Commerce township Click Here
