Economy in Mio, Michigan
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Economy
| Unemployment Rate | 18.60% | 9.10% |
| Recent Job Growth | -3.61% | -0.12% |
| Future Job Growth | 14.18% | 31.25% |
| Sales Taxes | 6.00% | 6.80% |
| Income Taxes | 4.35% | 6.25% |
| Income per Cap. | $16,501 | $27,067 |
| Household Income | $31,778 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 20.03% | 12.10% |
| Income between 15K and 25K | 19.51% | 10.18% |
| Income between 25K and 35K | 15.63% | 10.56% |
| Income between 35K and 50K | 17.57% | 14.98% |
| Income between 50K and 75K | 17.18% | 19.53% |
| Income between 75K and 100K | 5.68% | 12.52% |
| Income between 100K and 150K | 4.26% | 12.14% |
| Income between 150K and 250K | 0.00% | 3.91% |
| Income between 250K and 500K | 0.13% | 3.34% |
| Income greater than 500K | 0.00% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 9.21% | 13.81% |
| Professional and Related Occupations | 16.94% | 22.68% |
| Service | 20.80% | 14.51% |
| Sales and Office | 19.61% | 25.22% |
| Farming, Fishing, and Forestry | 1.93% | 0.68% |
| Construction, Extraction, and Maintenance | 11.59% | 9.37% |
| Production, Transportation, and Material Moving | 26.89% | 15.86% |
The unemployment rate in Mio, MI, is 18.60%, with job growth of -3.61%. Future job growth over the next ten years is predicted to be 14.18%.
Mio, MI Taxes
Mio, MI,sales tax rate is 6.00%. Income tax is 4.35%.
Mio, MI Income and Salaries
The income per capita is $16,501, which includes all adults and children. The median household income is $31,778.
Mio Economy SperlingViews
Small, beautiful, friendly place to live: We moved here from a bigger town 3 1/2 years ago. My husband used to have a chronic cold and now with the clean air his cold has disappeared. The village is small but... (read more)Clean Air: Mio is a small village. It is located in the AuSable River Valley. The air is some of the cleanest in the U.S. and so is the water. The AuSable one of the nation's... (read more)Have an opinion about Mio? Leave a commentTo See All SperlingViews for Mio Click Here
