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Economy in Ithaca, Michigan

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyIthaca, MIUnited States
Unemployment Rate11.10%9.10%
Recent Job Growth-0.60%-0.12%
Future Job Growth27.70%31.25%
Sales Taxes6.00%6.80%
Income Taxes4.35%6.25%
Income per Cap.$19,146$27,067
Household Income$38,244$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K19.37%12.10%
Income between 15K and 25K12.43%10.18%
Income between 25K and 35K14.14%10.56%
Income between 35K and 50K18.59%14.98%
Income between 50K and 75K16.54%19.53%
Income between 75K and 100K10.80%12.52%
Income between 100K and 150K6.77%12.14%
Income between 150K and 250K0.34%3.91%
Income between 250K and 500K0.94%3.34%
Income greater than 500K0.09%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations9.82%13.81%
Professional and Related Occupations10.11%22.68%
Service18.61%14.51%
Sales and Office21.54%25.22%
Farming, Fishing, and Forestry2.56%0.68%
Construction, Extraction, and Maintenance8.28%9.37%
Production, Transportation, and Material Moving27.91%15.86%
Median Household Income

The unemployment rate in Ithaca, MI, is 11.10%, with job growth of -0.60%. Future job growth over the next ten years is predicted to be 27.70%.

Ithaca, MI Taxes

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

Ithaca, MI Income and Salaries

The income per capita is $19,146, which includes all adults and children. The median household income is $38,244.


Ithaca Economy SperlingViews

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Ithaca General SperlingViews

Cost of Living: Property taxes keep going up, and employment keeps going... (read more)Have an opinion about Ithaca? Leave a commentTo See All SperlingViews for Ithaca Click Here