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Economy in Portland township, Michigan

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyPortland township, MIUnited States
Unemployment Rate11.20%9.10%
Recent Job Growth-1.11%-0.12%
Future Job Growth26.58%31.25%
Sales Taxes6.00%6.80%
Income Taxes4.35%6.25%
Income per Cap.$26,934$27,067
Household Income$64,562$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K6.43%12.10%
Income between 15K and 25K6.43%10.18%
Income between 25K and 35K7.82%10.56%
Income between 35K and 50K14.04%14.98%
Income between 50K and 75K26.15%19.53%
Income between 75K and 100K18.11%12.52%
Income between 100K and 150K16.30%12.14%
Income between 150K and 250K2.25%3.91%
Income between 250K and 500K2.14%3.34%
Income greater than 500K0.32%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations14.07%13.81%
Professional and Related Occupations16.32%22.68%
Service12.26%14.51%
Sales and Office36.04%25.22%
Farming, Fishing, and Forestry1.23%0.68%
Construction, Extraction, and Maintenance11.17%9.37%
Production, Transportation, and Material Moving20.96%15.86%
Median Household Income

The unemployment rate in Portland township, MI, is 11.20%, with job growth of -1.11%. Future job growth over the next ten years is predicted to be 26.58%.

Portland township, MI Taxes

Portland township, MI,sales tax rate is 6.00%. Income tax is 4.35%.

Portland township, MI Income and Salaries

The income per capita is $26,934, which includes all adults and children. The median household income is $64,562.


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