Economy in Detroit, Michigan
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Economy
| Unemployment Rate | 20.10% | 9.10% |
| Recent Job Growth | -5.02% | -0.12% |
| Future Job Growth | 9.86% | 31.25% |
| Sales Taxes | 6.00% | 6.80% |
| Income Taxes | 6.85% | 6.25% |
| Income per Cap. | $15,361 | $27,067 |
| Household Income | $31,797 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 25.72% | 12.10% |
| Income between 15K and 25K | 15.17% | 10.18% |
| Income between 25K and 35K | 13.17% | 10.56% |
| Income between 35K and 50K | 15.17% | 14.98% |
| Income between 50K and 75K | 15.43% | 19.53% |
| Income between 75K and 100K | 7.66% | 12.52% |
| Income between 100K and 150K | 5.56% | 12.14% |
| Income between 150K and 250K | 1.05% | 3.91% |
| Income between 250K and 500K | 0.99% | 3.34% |
| Income greater than 500K | 0.07% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 9.12% | 13.81% |
| Professional and Related Occupations | 20.77% | 22.68% |
| Service | 23.76% | 14.51% |
| Sales and Office | 27.83% | 25.22% |
| Farming, Fishing, and Forestry | 0.20% | 0.68% |
| Construction, Extraction, and Maintenance | 6.42% | 9.37% |
| Production, Transportation, and Material Moving | 22.82% | 15.86% |
The unemployment rate in Detroit, MI, is 20.10%, with job growth of -5.02%. Future job growth over the next ten years is predicted to be 9.86%.
Detroit, MI Taxes
Detroit, MI,sales tax rate is 6.00%. Income tax is 6.85%.
Detroit, MI Income and Salaries
The income per capita is $15,361, which includes all adults and children. The median household income is $31,797.
Detroit Economy SperlingViews
Detroit is home, but it isn't sweet.: I was born and raised in SE Michigan - and although it is "home" it definitely isn't "sweet". This place has a dark cloud that hangs over it and I don't appreciate all... (read more)The economy here is horable: no one in my family had a job until about a month ago. now my dad has a part time job, we have the highest unemployment rate in the county. and the crime, well its not... (read more)where is a good place to live and buy low: what zip code is a good place to buy low and a good place to live single family homes and duplexes and... (read more)Have an opinion about Detroit? Leave a commentTo See All SperlingViews for Detroit Click Here
