Economy in Lincoln Park, Michigan
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Economy
| Unemployment Rate | 9.50% | 9.10% |
| Recent Job Growth | -1.95% | -0.12% |
| Future Job Growth | 26.60% | 31.25% |
| Sales Taxes | 6.00% | 6.80% |
| Income Taxes | 4.35% | 6.25% |
| Income per Cap. | $21,363 | $27,067 |
| Household Income | $45,644 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 11.97% | 12.10% |
| Income between 15K and 25K | 12.00% | 10.18% |
| Income between 25K and 35K | 12.58% | 10.56% |
| Income between 35K and 50K | 18.57% | 14.98% |
| Income between 50K and 75K | 23.86% | 19.53% |
| Income between 75K and 100K | 12.31% | 12.52% |
| Income between 100K and 150K | 7.14% | 12.14% |
| Income between 150K and 250K | 0.93% | 3.91% |
| Income between 250K and 500K | 0.61% | 3.34% |
| Income greater than 500K | 0.04% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 8.05% | 13.81% |
| Professional and Related Occupations | 15.15% | 22.68% |
| Service | 17.96% | 14.51% |
| Sales and Office | 30.30% | 25.22% |
| Farming, Fishing, and Forestry | 0.11% | 0.68% |
| Construction, Extraction, and Maintenance | 11.45% | 9.37% |
| Production, Transportation, and Material Moving | 28.54% | 15.86% |
The unemployment rate in Lincoln Park, MI, is 9.50%, with job growth of -1.95%. Future job growth over the next ten years is predicted to be 26.60%.
Lincoln Park, MI Taxes
Lincoln Park, MI,sales tax rate is 6.00%. Income tax is 4.35%.
Lincoln Park, MI Income and Salaries
The income per capita is $21,363, which includes all adults and children. The median household income is $45,644.
Lincoln Park Economy SperlingViews
relocating to: Born and raised in Lincoln Park, MI. Don't bother to move here if you are building a career or looking for work. Economy is very bad and don't for see it getting any... (read more)Lincoln Park is a great value!: Lincoln Park has many amazing homes. The south end of the city consists mainly of brick colonials, bungalows, and ranches built between the 1920's and 1950's. The area... (read more)Living in Lincoln Park: I cant imagine anyone moving here unless moving back home. Lincoln Park is a small sub outside of Detroit. There are several cities located along the Detroit river. This... (read more)Have an opinion about Lincoln Park? Leave a commentTo See All SperlingViews for Lincoln Park Click Here
