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Economy in Norwich township (Missaukee county), Michigan

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyNorwich township (Missaukee county), MIUnited States
Unemployment Rate15.00%9.10%
Recent Job Growth-3.29%-0.12%
Future Job Growth18.42%31.25%
Sales Taxes6.00%6.80%
Income Taxes4.35%6.25%
Income per Cap.$17,315$27,067
Household Income$34,784$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K15.09%12.10%
Income between 15K and 25K17.19%10.18%
Income between 25K and 35K18.25%10.56%
Income between 35K and 50K24.21%14.98%
Income between 50K and 75K13.68%19.53%
Income between 75K and 100K5.61%12.52%
Income between 100K and 150K4.56%12.14%
Income between 150K and 250K0.00%3.91%
Income between 250K and 500K1.05%3.34%
Income greater than 500K0.35%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations7.12%13.81%
Professional and Related Occupations17.29%22.68%
Service20.68%14.51%
Sales and Office15.59%25.22%
Farming, Fishing, and Forestry7.12%0.68%
Construction, Extraction, and Maintenance13.56%9.37%
Production, Transportation, and Material Moving22.37%15.86%
Median Household Income

The unemployment rate in Norwich township (Missaukee county), MI, is 15.00%, with job growth of -3.29%. Future job growth over the next ten years is predicted to be 18.42%.

Norwich township (Missaukee county), MI Taxes

Norwich township (Missaukee county), MI,sales tax rate is 6.00%. Income tax is 4.35%.

Norwich township (Missaukee county), MI Income and Salaries

The income per capita is $17,315, which includes all adults and children. The median household income is $34,784.


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