Economy in Midland, Michigan
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Economy
| Unemployment Rate | 6.80% | 9.10% |
| Recent Job Growth | 0.90% | -0.12% |
| Future Job Growth | 35.00% | 31.25% |
| Sales Taxes | 6.00% | 6.80% |
| Income Taxes | 4.35% | 6.25% |
| Income per Cap. | $30,502 | $27,067 |
| Household Income | $52,350 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 12.98% | 12.10% |
| Income between 15K and 25K | 11.97% | 10.18% |
| Income between 25K and 35K | 10.42% | 10.56% |
| Income between 35K and 50K | 12.99% | 14.98% |
| Income between 50K and 75K | 17.16% | 19.53% |
| Income between 75K and 100K | 11.51% | 12.52% |
| Income between 100K and 150K | 13.06% | 12.14% |
| Income between 150K and 250K | 5.14% | 3.91% |
| Income between 250K and 500K | 4.22% | 3.34% |
| Income greater than 500K | 0.56% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 18.48% | 13.81% |
| Professional and Related Occupations | 35.61% | 22.68% |
| Service | 14.63% | 14.51% |
| Sales and Office | 25.28% | 25.22% |
| Farming, Fishing, and Forestry | 0.32% | 0.68% |
| Construction, Extraction, and Maintenance | 4.96% | 9.37% |
| Production, Transportation, and Material Moving | 9.10% | 15.86% |
The unemployment rate in Midland, MI, is 6.80%, with job growth of 0.90%. Future job growth over the next ten years is predicted to be 35.00%.
Midland, MI Taxes
Midland, MI,sales tax rate is 6.00%. Income tax is 4.35%.
Midland, MI Income and Salaries
The income per capita is $30,502, which includes all adults and children. The median household income is $52,350.
Midland Economy SperlingViews
Many opportunities: The varied background of Midland's residents and the excellent support provided by local industry results in outstanding cultural and recreational... (read more)Moving to Midland Michigan: I left Midland Michigan 5 yrs ago for the west coast. After 5 years in northern California I'm moving back to Midland. Midland is a great place to raise a family. I... (read more)Wonderful place to live!: This city offers recreational items, Midland Center for the Arts, the Rail Trail, & Antique festivals. Very family oriented. If you are interested in the "Bar Scene" -... (read more)Have an opinion about Midland? Leave a commentTo See All SperlingViews for Midland Click Here
