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Economy in Larkin charter township, Michigan

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

Economy
EconomyLarkin charter township, MIUnited States
Unemployment Rate8.80%9.10%
Recent Job Growth0.35%-0.12%
Future Job Growth31.90%31.25%
Sales Taxes6.00%6.80%
Income Taxes4.35%6.25%
Income per Cap.$34,821$27,067
Household Income$80,258$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K5.98%12.10%
Income between 15K and 25K8.50%10.18%
Income between 25K and 35K9.74%10.56%
Income between 35K and 50K10.32%14.98%
Income between 50K and 75K13.02%19.53%
Income between 75K and 100K12.08%12.52%
Income between 100K and 150K20.35%12.14%
Income between 150K and 250K11.50%3.91%
Income between 250K and 500K7.92%3.34%
Income greater than 500K0.59%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations20.84%13.81%
Professional and Related Occupations32.23%22.68%
Service15.51%14.51%
Sales and Office21.94%25.22%
Farming, Fishing, and Forestry0.85%0.68%
Construction, Extraction, and Maintenance6.51%9.37%
Production, Transportation, and Material Moving11.60%15.86%
Median Household Income

The unemployment rate in Larkin charter township, MI, is 8.80%, with job growth of 0.35%. Future job growth over the next ten years is predicted to be 31.90%.

Larkin charter township, MI Taxes

Larkin charter township, MI,sales tax rate is 6.00%. Income tax is 4.35%.

Larkin charter township, MI Income and Salaries

The income per capita is $34,821, which includes all adults and children. The median household income is $80,258.


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