Economy in Lathrup Village, Michigan
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Economy
| Unemployment Rate | 10.20% | 9.10% |
| Recent Job Growth | -1.99% | -0.12% |
| Future Job Growth | 25.82% | 31.25% |
| Sales Taxes | 6.00% | 6.80% |
| Income Taxes | 4.35% | 6.25% |
| Income per Cap. | $42,592 | $27,067 |
| Household Income | $95,621 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 3.94% | 12.10% |
| Income between 15K and 25K | 4.19% | 10.18% |
| Income between 25K and 35K | 2.92% | 10.56% |
| Income between 35K and 50K | 7.94% | 14.98% |
| Income between 50K and 75K | 16.26% | 19.53% |
| Income between 75K and 100K | 18.23% | 12.52% |
| Income between 100K and 150K | 29.74% | 12.14% |
| Income between 150K and 250K | 10.17% | 3.91% |
| Income between 250K and 500K | 5.84% | 3.34% |
| Income greater than 500K | 0.76% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 20.39% | 13.81% |
| Professional and Related Occupations | 38.68% | 22.68% |
| Service | 7.76% | 14.51% |
| Sales and Office | 24.84% | 25.22% |
| Farming, Fishing, and Forestry | 0.00% | 0.68% |
| Construction, Extraction, and Maintenance | 2.76% | 9.37% |
| Production, Transportation, and Material Moving | 11.88% | 15.86% |
The unemployment rate in Lathrup Village, MI, is 10.20%, with job growth of -1.99%. Future job growth over the next ten years is predicted to be 25.82%.
Lathrup Village, MI Taxes
Lathrup Village, MI,sales tax rate is 6.00%. Income tax is 4.35%.
Lathrup Village, MI Income and Salaries
The income per capita is $42,592, which includes all adults and children. The median household income is $95,621.
Lathrup Village Economy SperlingViews
Heritage of Good living: Lathrup Village is a great location because it is literally in the middle to everything. Totally, surrounded by Southfield, it is 20 to 30 minutes from any where you... (read more)Have an opinion about Lathrup Village? Leave a commentTo See All SperlingViews for Lathrup Village Click Here
