Economy in New Baltimore, Michigan
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Economy
| Unemployment Rate | 11.70% | 9.10% |
| Recent Job Growth | -2.72% | -0.12% |
| Future Job Growth | 22.86% | 31.25% |
| Sales Taxes | 6.00% | 6.80% |
| Income Taxes | 4.35% | 6.25% |
| Income per Cap. | $34,396 | $27,067 |
| Household Income | $72,358 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 7.88% | 12.10% |
| Income between 15K and 25K | 6.65% | 10.18% |
| Income between 25K and 35K | 5.12% | 10.56% |
| Income between 35K and 50K | 12.27% | 14.98% |
| Income between 50K and 75K | 20.44% | 19.53% |
| Income between 75K and 100K | 19.06% | 12.52% |
| Income between 100K and 150K | 19.33% | 12.14% |
| Income between 150K and 250K | 6.08% | 3.91% |
| Income between 250K and 500K | 2.93% | 3.34% |
| Income greater than 500K | 0.25% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 16.50% | 13.81% |
| Professional and Related Occupations | 24.61% | 22.68% |
| Service | 13.49% | 14.51% |
| Sales and Office | 25.09% | 25.22% |
| Farming, Fishing, and Forestry | 0.34% | 0.68% |
| Construction, Extraction, and Maintenance | 9.38% | 9.37% |
| Production, Transportation, and Material Moving | 18.60% | 15.86% |
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