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Economy in Monroe, Michigan

Overview, People, Health, Economy, Housing, Rankings, Crime
Climate, Education, Transportation, Cost of Living, Religion, Voting

Economy
EconomyMonroe, MIUnited States
Unemployment Rate10.90%9.10%
Recent Job Growth-1.96%-0.12%
Future Job Growth25.18%31.25%
Sales Taxes6.00%6.80%
Income Taxes4.35%6.25%
Income per Cap.$21,886$27,067
Household Income$43,233$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K17.29%12.10%
Income between 15K and 25K13.30%10.18%
Income between 25K and 35K11.10%10.56%
Income between 35K and 50K15.15%14.98%
Income between 50K and 75K21.27%19.53%
Income between 75K and 100K11.22%12.52%
Income between 100K and 150K7.83%12.14%
Income between 150K and 250K1.80%3.91%
Income between 250K and 500K0.95%3.34%
Income greater than 500K0.08%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations9.90%13.81%
Professional and Related Occupations20.36%22.68%
Service20.18%14.51%
Sales and Office25.24%25.22%
Farming, Fishing, and Forestry0.10%0.68%
Construction, Extraction, and Maintenance8.34%9.37%
Production, Transportation, and Material Moving23.55%15.86%
Median Household Income

The unemployment rate in Monroe, MI, is 10.90%, with job growth of -1.96%. Future job growth over the next ten years is predicted to be 25.18%.

Monroe, MI Taxes

Monroe, MI,sales tax rate is 6.00%. Income tax is 4.35%.

Monroe, MI Income and Salaries

The income per capita is $21,886, which includes all adults and children. The median household income is $43,233.


Monroe Economy SperlingViews

PLEASE READ THIS (REAL) review of Monroe: If your looking for big city life....um... go to the big city. Monroe isn't that. However, Monroe does have fine schooling k-12 and their community college is everything... (read more)Boring place with lots of trashy people: Certain people may find this to be a nice place to live; couples with very young children or empty nester retires who care about nothing but enjoying thier morning... (read more)Growing Small Town: Monroe, Michingan is a historical, friendly small town. Home building industry is booming. Monroe is number 1 in Southeastern Michingan for the number of parks. The... (read more)Have an opinion about Monroe? Leave a commentTo See All SperlingViews for Monroe Click Here