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Economy in Dearborn, Michigan

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyDearborn, MIUnited States
Unemployment Rate8.10%9.10%
Recent Job Growth-1.52%-0.12%
Future Job Growth28.86%31.25%
Sales Taxes6.00%6.80%
Income Taxes4.35%6.25%
Income per Cap.$22,488$27,067
Household Income$46,422$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K15.70%12.10%
Income between 15K and 25K12.14%10.18%
Income between 25K and 35K10.84%10.56%
Income between 35K and 50K14.92%14.98%
Income between 50K and 75K19.03%19.53%
Income between 75K and 100K11.50%12.52%
Income between 100K and 150K11.02%12.14%
Income between 150K and 250K2.67%3.91%
Income between 250K and 500K1.85%3.34%
Income greater than 500K0.32%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations14.99%13.81%
Professional and Related Occupations28.04%22.68%
Service15.84%14.51%
Sales and Office27.89%25.22%
Farming, Fishing, and Forestry0.07%0.68%
Construction, Extraction, and Maintenance6.30%9.37%
Production, Transportation, and Material Moving16.29%15.86%
Median Household Income

The unemployment rate in Dearborn, MI, is 8.10%, with job growth of -1.52%. Future job growth over the next ten years is predicted to be 28.86%.

Dearborn, MI Taxes

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

Dearborn, MI Income and Salaries

The income per capita is $22,488, which includes all adults and children. The median household income is $46,422.


Dearborn Economy SperlingViews

Dominated by Automotive Industry: The economy here is governed by how well/poor the automotive industry is doing. When times are good, Dearborn is great. With the current times however, it racks the... (read more)Better than Detroit, but still not so great.: I've lived here for 2 years now with my husband (his company transferred us here) and have yet to find a job (my background is customer service). I realize that it's... (read more)Regional Transportation: Our region - the Metro Detroit area - sorely lacks a convenient and efficient regional transportation system. For the Detroit Area to grow in terms of attracting... (read more)Have an opinion about Dearborn? Leave a commentTo See All SperlingViews for Dearborn Click Here