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Economy in Paw Paw, Michigan

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

Economy
EconomyPaw Paw, MIUnited States
Unemployment Rate12.10%9.10%
Recent Job Growth-0.46%-0.12%
Future Job Growth26.98%31.25%
Sales Taxes6.00%6.80%
Income Taxes4.35%6.25%
Income per Cap.$22,580$27,067
Household Income$43,960$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K11.75%12.10%
Income between 15K and 25K14.98%10.18%
Income between 25K and 35K14.61%10.56%
Income between 35K and 50K14.76%14.98%
Income between 50K and 75K21.01%19.53%
Income between 75K and 100K14.76%12.52%
Income between 100K and 150K7.00%12.14%
Income between 150K and 250K0.08%3.91%
Income between 250K and 500K0.98%3.34%
Income greater than 500K0.08%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations8.56%13.81%
Professional and Related Occupations35.11%22.68%
Service18.14%14.51%
Sales and Office18.21%25.22%
Farming, Fishing, and Forestry1.23%0.68%
Construction, Extraction, and Maintenance7.32%9.37%
Production, Transportation, and Material Moving19.92%15.86%
Median Household Income

The unemployment rate in Paw Paw, MI, is 12.10%, with job growth of -0.46%. Future job growth over the next ten years is predicted to be 26.98%.

Paw Paw, MI Taxes

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

Paw Paw, MI Income and Salaries

The income per capita is $22,580, which includes all adults and children. The median household income is $43,960.


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