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Economy in Elba township (Lapeer county), Michigan

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyElba township (Lapeer county), MIUnited States
Unemployment Rate15.00%9.10%
Recent Job Growth-3.19%-0.12%
Future Job Growth18.62%31.25%
Sales Taxes6.00%6.80%
Income Taxes4.35%6.25%
Income per Cap.$24,393$27,067
Household Income$55,419$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K7.45%12.10%
Income between 15K and 25K10.60%10.18%
Income between 25K and 35K11.01%10.56%
Income between 35K and 50K15.41%14.98%
Income between 50K and 75K25.59%19.53%
Income between 75K and 100K16.29%12.52%
Income between 100K and 150K8.22%12.14%
Income between 150K and 250K2.90%3.91%
Income between 250K and 500K2.07%3.34%
Income greater than 500K0.47%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations12.69%13.81%
Professional and Related Occupations25.85%22.68%
Service17.57%14.51%
Sales and Office24.30%25.22%
Farming, Fishing, and Forestry0.81%0.68%
Construction, Extraction, and Maintenance13.80%9.37%
Production, Transportation, and Material Moving22.97%15.86%
Median Household Income

The unemployment rate in Elba township (Lapeer county), MI, is 15.00%, with job growth of -3.19%. Future job growth over the next ten years is predicted to be 18.62%.

Elba township (Lapeer county), MI Taxes

Elba township (Lapeer county), MI,sales tax rate is 6.00%. Income tax is 4.35%.

Elba township (Lapeer county), MI Income and Salaries

The income per capita is $24,393, which includes all adults and children. The median household income is $55,419.


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