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Economy in Hamtramck, Michigan

Overview, People, Health, Economy, Housing, Rankings, Crime
Climate, Education, Transportation, Cost of Living, Religion, Voting

Economy
EconomyHamtramck, MIUnited States
Unemployment Rate12.70%9.10%
Recent Job Growth-2.89%-0.12%
Future Job Growth21.52%31.25%
Sales Taxes6.00%6.80%
Income Taxes5.35%6.25%
Income per Cap.$13,842$27,067
Household Income$30,393$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K25.03%12.10%
Income between 15K and 25K16.78%10.18%
Income between 25K and 35K15.40%10.56%
Income between 35K and 50K18.22%14.98%
Income between 50K and 75K12.78%19.53%
Income between 75K and 100K6.25%12.52%
Income between 100K and 150K4.29%12.14%
Income between 150K and 250K0.61%3.91%
Income between 250K and 500K0.61%3.34%
Income greater than 500K0.03%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations5.89%13.81%
Professional and Related Occupations16.33%22.68%
Service24.10%14.51%
Sales and Office23.27%25.22%
Farming, Fishing, and Forestry0.17%0.68%
Construction, Extraction, and Maintenance8.30%9.37%
Production, Transportation, and Material Moving31.45%15.86%
Median Household Income

The unemployment rate in Hamtramck, MI, is 12.70%, with job growth of -2.89%. Future job growth over the next ten years is predicted to be 21.52%.

Hamtramck, MI Taxes

Hamtramck, MI,sales tax rate is 6.00%. Income tax is 5.35%.

Hamtramck, MI Income and Salaries

The income per capita is $13,842, which includes all adults and children. The median household income is $30,393.


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