Economy in Detroit, Michigan
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| Unemployment Rate | 10.70% | 8.60% |
| Recent Job Growth | -3.17% | 0.35% |
| Future Job Growth | 22.96% | 32.10% |
| Sales Taxes | 6.00% | 5.00% |
| Income Taxes | 6.85% | 4.70% |
| Income per Cap. | $15,868 | $26,154 |
| Household Income | $29,872 | $50,935 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 26.23% | 12.37% |
| Income between 15K and 25K | 17.02% | 10.53% |
| Income between 25K and 35K | 13.12% | 10.88% |
| Income between 35K and 50K | 14.77% | 15.37% |
| Income between 50K and 75K | 15.50% | 20.14% |
| Income between 75K and 100K | 7.03% | 12.41% |
| Income between 100K and 150K | 4.57% | 11.27% |
| Income between 150K and 250K | 1.72% | 5.01% |
| Income between 250K and 500K | 0.03% | 1.86% |
| Income greater than 500K | 0.00% | 0.16% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 8.18% | 14.04% |
| Professional and Related Occupations | 15.65% | 20.61% |
| Service | 20.40% | 14.45% |
| Sales and Office | 26.86% | 26.75% |
| Farming, Fishing, and Forestry | 0.16% | 0.70% |
| Construction, Extraction, and Maintenance | 7.21% | 9.42% |
| Production, Transportation, and Material Moving | 21.54% | 14.05% |
The unemployment rate in Detroit, MI, is 10.70%, with job growth of -3.17%. Future job growth over the next ten years is predicted to be 22.96%.
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 $15,868, which includes all adults and children. The median household income is $29,872.
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
