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Economy in Hillsdale, Michigan

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyHillsdale, MIUnited States
Unemployment Rate11.80%9.10%
Recent Job Growth-3.32%-0.12%
Future Job Growth21.56%31.25%
Sales Taxes6.00%6.80%
Income Taxes4.35%6.25%
Income per Cap.$18,059$27,067
Household Income$36,870$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K17.54%12.10%
Income between 15K and 25K16.74%10.18%
Income between 25K and 35K13.12%10.56%
Income between 35K and 50K21.16%14.98%
Income between 50K and 75K17.47%19.53%
Income between 75K and 100K8.25%12.52%
Income between 100K and 150K4.01%12.14%
Income between 150K and 250K0.93%3.91%
Income between 250K and 500K0.76%3.34%
Income greater than 500K0.03%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations8.29%13.81%
Professional and Related Occupations21.68%22.68%
Service14.93%14.51%
Sales and Office25.04%25.22%
Farming, Fishing, and Forestry0.88%0.68%
Construction, Extraction, and Maintenance9.56%9.37%
Production, Transportation, and Material Moving29.97%15.86%
Median Household Income

The unemployment rate in Hillsdale, MI, is 11.80%, with job growth of -3.32%. Future job growth over the next ten years is predicted to be 21.56%.

Hillsdale, MI Taxes

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

Hillsdale, MI Income and Salaries

The income per capita is $18,059, which includes all adults and children. The median household income is $36,870.


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