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Economy in Lennon, Michigan

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

Economy
EconomyLennon, MIUnited States
Unemployment Rate11.70%9.10%
Recent Job Growth-1.74%-0.12%
Future Job Growth24.82%31.25%
Sales Taxes6.00%6.80%
Income Taxes4.35%6.25%
Income per Cap.$24,730$27,067
Household Income$58,307$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K7.78%12.10%
Income between 15K and 25K8.98%10.18%
Income between 25K and 35K14.97%10.56%
Income between 35K and 50K10.78%14.98%
Income between 50K and 75K22.16%19.53%
Income between 75K and 100K19.16%12.52%
Income between 100K and 150K13.77%12.14%
Income between 150K and 250K0.60%3.91%
Income between 250K and 500K1.20%3.34%
Income greater than 500K0.60%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations6.60%13.81%
Professional and Related Occupations17.26%22.68%
Service15.23%14.51%
Sales and Office24.37%25.22%
Farming, Fishing, and Forestry0.51%0.68%
Construction, Extraction, and Maintenance14.21%9.37%
Production, Transportation, and Material Moving36.04%15.86%
Median Household Income

The unemployment rate in Lennon, MI, is 11.70%, with job growth of -1.74%. Future job growth over the next ten years is predicted to be 24.82%.

Lennon, MI Taxes

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

Lennon, MI Income and Salaries

The income per capita is $24,730, which includes all adults and children. The median household income is $58,307.


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