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Economy in Lyon township (Oakland county), Michigan

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyLyon township (Oakland county), MIUnited States
Unemployment Rate10.20%9.10%
Recent Job Growth-1.99%-0.12%
Future Job Growth25.82%31.25%
Sales Taxes6.00%6.80%
Income Taxes4.35%6.25%
Income per Cap.$35,315$27,067
Household Income$79,655$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K4.95%12.10%
Income between 15K and 25K5.20%10.18%
Income between 25K and 35K4.83%10.56%
Income between 35K and 50K11.22%14.98%
Income between 50K and 75K20.03%19.53%
Income between 75K and 100K18.66%12.52%
Income between 100K and 150K19.80%12.14%
Income between 150K and 250K8.56%3.91%
Income between 250K and 500K5.80%3.34%
Income greater than 500K0.95%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations18.19%13.81%
Professional and Related Occupations24.68%22.68%
Service11.57%14.51%
Sales and Office31.83%25.22%
Farming, Fishing, and Forestry0.19%0.68%
Construction, Extraction, and Maintenance8.91%9.37%
Production, Transportation, and Material Moving13.85%15.86%
Median Household Income

The unemployment rate in Lyon township (Oakland county), MI, is 10.20%, with job growth of -1.99%. Future job growth over the next ten years is predicted to be 25.82%.

Lyon township (Oakland county), MI Taxes

Lyon township (Oakland county), MI,sales tax rate is 6.00%. Income tax is 4.35%.

Lyon township (Oakland county), MI Income and Salaries

The income per capita is $35,315, which includes all adults and children. The median household income is $79,655.


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