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Economy in Liberty township (Wexford county), Michigan

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyLiberty township (Wexford county), MIUnited States
Unemployment Rate14.30%9.10%
Recent Job Growth-3.26%-0.12%
Future Job Growth19.18%31.25%
Sales Taxes6.00%6.80%
Income Taxes4.35%6.25%
Income per Cap.$20,254$27,067
Household Income$45,993$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K10.00%12.10%
Income between 15K and 25K15.00%10.18%
Income between 25K and 35K11.88%10.56%
Income between 35K and 50K18.13%14.98%
Income between 50K and 75K25.31%19.53%
Income between 75K and 100K9.38%12.52%
Income between 100K and 150K7.81%12.14%
Income between 150K and 250K1.25%3.91%
Income between 250K and 500K0.94%3.34%
Income greater than 500K0.31%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations6.33%13.81%
Professional and Related Occupations14.36%22.68%
Service14.36%14.51%
Sales and Office21.90%25.22%
Farming, Fishing, and Forestry1.95%0.68%
Construction, Extraction, and Maintenance14.11%9.37%
Production, Transportation, and Material Moving33.33%15.86%
Median Household Income

The unemployment rate in Liberty township (Wexford county), MI, is 14.30%, with job growth of -3.26%. Future job growth over the next ten years is predicted to be 19.18%.

Liberty township (Wexford county), MI Taxes

Liberty township (Wexford county), MI,sales tax rate is 6.00%. Income tax is 4.35%.

Liberty township (Wexford county), MI Income and Salaries

The income per capita is $20,254, which includes all adults and children. The median household income is $45,993.


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