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Economy in New Baltimore, Michigan

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyNew Baltimore, MIUnited States
Unemployment Rate11.70%9.10%
Recent Job Growth-2.72%-0.12%
Future Job Growth22.86%31.25%
Sales Taxes6.00%6.80%
Income Taxes4.35%6.25%
Income per Cap.$34,396$27,067
Household Income$72,358$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K7.88%12.10%
Income between 15K and 25K6.65%10.18%
Income between 25K and 35K5.12%10.56%
Income between 35K and 50K12.27%14.98%
Income between 50K and 75K20.44%19.53%
Income between 75K and 100K19.06%12.52%
Income between 100K and 150K19.33%12.14%
Income between 150K and 250K6.08%3.91%
Income between 250K and 500K2.93%3.34%
Income greater than 500K0.25%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations16.50%13.81%
Professional and Related Occupations24.61%22.68%
Service13.49%14.51%
Sales and Office25.09%25.22%
Farming, Fishing, and Forestry0.34%0.68%
Construction, Extraction, and Maintenance9.38%9.37%
Production, Transportation, and Material Moving18.60%15.86%
Median Household Income

The unemployment rate in New Baltimore, MI, is 11.70%, with job growth of -2.72%. Future job growth over the next ten years is predicted to be 22.86%.

New Baltimore, MI Taxes

New Baltimore, MI,sales tax rate is 6.00%. Income tax is 4.35%.

New Baltimore, MI Income and Salaries

The income per capita is $34,396, which includes all adults and children. The median household income is $72,358.


New Baltimore Economy SperlingViews

New Baltimore, MI : Great place to raise a family, wonderful... (read more)Chesterfield Township: I have lived in Chesterfield for almost 19 years now. The township has just boomed. Housing is affordable, and with all the new stores and shopping you don't have to... (read more)Actually live in Chesterfield : This is a nice area and the taxes are... (read more)Have an opinion about New Baltimore? Leave a commentTo See All SperlingViews for New Baltimore Click Here