Economy in Lapeer, Michigan
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Economy
| Unemployment Rate | 15.00% | 9.10% |
| Recent Job Growth | -3.19% | -0.12% |
| Future Job Growth | 18.62% | 31.25% |
| Sales Taxes | 6.00% | 6.80% |
| Income Taxes | 5.35% | 6.25% |
| Income per Cap. | $16,924 | $27,067 |
| Household Income | $35,870 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 18.13% | 12.10% |
| Income between 15K and 25K | 15.26% | 10.18% |
| Income between 25K and 35K | 15.31% | 10.56% |
| Income between 35K and 50K | 18.71% | 14.98% |
| Income between 50K and 75K | 21.00% | 19.53% |
| Income between 75K and 100K | 6.21% | 12.52% |
| Income between 100K and 150K | 4.44% | 12.14% |
| Income between 150K and 250K | 0.41% | 3.91% |
| Income between 250K and 500K | 0.55% | 3.34% |
| Income greater than 500K | 0.00% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 11.46% | 13.81% |
| Professional and Related Occupations | 24.79% | 22.68% |
| Service | 16.30% | 14.51% |
| Sales and Office | 28.00% | 25.22% |
| Farming, Fishing, and Forestry | 0.03% | 0.68% |
| Construction, Extraction, and Maintenance | 8.64% | 9.37% |
| Production, Transportation, and Material Moving | 29.07% | 15.86% |
The unemployment rate in Lapeer, MI, is 15.00%, with job growth of -3.19%. Future job growth over the next ten years is predicted to be 18.62%.
Lapeer, MI Taxes
Lapeer, MI,sales tax rate is 6.00%. Income tax is 5.35%.
Lapeer, MI Income and Salaries
The income per capita is $16,924, which includes all adults and children. The median household income is $35,870.
Lapeer Economy SperlingViews
Smallish town life with everything you need: I've lived in Lapeer for 17 years now and it is a great place to raise a family. It's got everything you need on a regular basis, shopping, grocery stores and... (read more)Lapeer: Small town atmosphere, very few jobs available, mostly small manufacturing jobs and retail. Economic downfall, city relies mostly on automotive manufacturing in major... (read more)Have an opinion about Lapeer? Leave a commentTo See All SperlingViews for Lapeer Click Here