Economy in Madison Heights, Michigan
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Economy
| Unemployment Rate | 11.40% | 9.10% |
| Recent Job Growth | -2.38% | -0.12% |
| Future Job Growth | 23.84% | 31.25% |
| Sales Taxes | 6.00% | 6.80% |
| Income Taxes | 4.35% | 6.25% |
| Income per Cap. | $23,026 | $27,067 |
| Household Income | $44,400 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 13.68% | 12.10% |
| Income between 15K and 25K | 11.90% | 10.18% |
| Income between 25K and 35K | 12.62% | 10.56% |
| Income between 35K and 50K | 18.83% | 14.98% |
| Income between 50K and 75K | 21.20% | 19.53% |
| Income between 75K and 100K | 12.53% | 12.52% |
| Income between 100K and 150K | 7.37% | 12.14% |
| Income between 150K and 250K | 1.26% | 3.91% |
| Income between 250K and 500K | 0.58% | 3.34% |
| Income greater than 500K | 0.03% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 10.43% | 13.81% |
| Professional and Related Occupations | 23.48% | 22.68% |
| Service | 17.60% | 14.51% |
| Sales and Office | 29.48% | 25.22% |
| Farming, Fishing, and Forestry | 0.04% | 0.68% |
| Construction, Extraction, and Maintenance | 8.95% | 9.37% |
| Production, Transportation, and Material Moving | 19.90% | 15.86% |
The unemployment rate in Madison Heights, MI, is 11.40%, with job growth of -2.38%. Future job growth over the next ten years is predicted to be 23.84%.
Madison Heights, MI Taxes
Madison Heights, MI,sales tax rate is 6.00%. Income tax is 4.35%.
Madison Heights, MI Income and Salaries
The income per capita is $23,026, which includes all adults and children. The median household income is $44,400.
Madison Heights Economy SperlingViews
Madison Heights...shop till you drop.: I've lived here for 6 years; moved here from Port Huron (a small town in the thumb) after living briefly in Boston.
Upside: Good tax base: lots and lots of retail... (read more)Have an opinion about Madison Heights? Leave a commentTo See All SperlingViews for Madison Heights Click Here
