Economy in Houghton, Michigan
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Economy
| Unemployment Rate | 10.50% | 9.10% |
| Recent Job Growth | -0.50% | -0.12% |
| Future Job Growth | 28.50% | 31.25% |
| Sales Taxes | 6.00% | 6.80% |
| Income Taxes | 4.35% | 6.25% |
| Income per Cap. | $14,008 | $27,067 |
| Household Income | $28,444 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 29.26% | 12.10% |
| Income between 15K and 25K | 16.66% | 10.18% |
| Income between 25K and 35K | 11.64% | 10.56% |
| Income between 35K and 50K | 13.33% | 14.98% |
| Income between 50K and 75K | 12.51% | 19.53% |
| Income between 75K and 100K | 9.08% | 12.52% |
| Income between 100K and 150K | 6.61% | 12.14% |
| Income between 150K and 250K | 0.39% | 3.91% |
| Income between 250K and 500K | 0.48% | 3.34% |
| Income greater than 500K | 0.05% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 6.90% | 13.81% |
| Professional and Related Occupations | 33.29% | 22.68% |
| Service | 23.12% | 14.51% |
| Sales and Office | 21.60% | 25.22% |
| Farming, Fishing, and Forestry | 1.59% | 0.68% |
| Construction, Extraction, and Maintenance | 4.33% | 9.37% |
| Production, Transportation, and Material Moving | 5.91% | 15.86% |
The unemployment rate in Houghton, MI, is 10.50%, with job growth of -0.50%. Future job growth over the next ten years is predicted to be 28.50%.
Houghton, MI Taxes
Houghton, MI,sales tax rate is 6.00%. Income tax is 4.35%.
Houghton, MI Income and Salaries
The income per capita is $14,008, which includes all adults and children. The median household income is $28,444.
Houghton Economy SperlingViews
Map is incomplete: The 49931 zip code map to display Houghton is misleading. It implies that Isle Royale, isolated in the northern reaches of Lake Superior, is the area covered by this... (read more)The secret U.P. : Houghton/Hancock is an outdoor lover's paradise with a respectable university to keep the community young at heart. Although off the beaten path, the low cost of living... (read more)UP Living: Isolated, but very outdoor-oriented and an enjoyable place to living in the summer... (read more)Have an opinion about Houghton? Leave a commentTo See All SperlingViews for Houghton Click Here
