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Economy in Redford, Michigan

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyRedford, MIUnited States
Unemployment Rate6.00%9.10%
Recent Job Growth-0.87%-0.12%
Future Job Growth32.26%31.25%
Sales Taxes6.00%6.80%
Income Taxes4.35%6.25%
Income per Cap.$22,663$27,067
Household Income$51,486$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K7.50%12.10%
Income between 15K and 25K10.51%10.18%
Income between 25K and 35K11.45%10.56%
Income between 35K and 50K19.03%14.98%
Income between 50K and 75K27.81%19.53%
Income between 75K and 100K13.70%12.52%
Income between 100K and 150K8.07%12.14%
Income between 150K and 250K0.92%3.91%
Income between 250K and 500K0.96%3.34%
Income greater than 500K0.05%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations13.36%13.81%
Professional and Related Occupations20.80%22.68%
Service14.81%14.51%
Sales and Office29.68%25.22%
Farming, Fishing, and Forestry0.07%0.68%
Construction, Extraction, and Maintenance9.36%9.37%
Production, Transportation, and Material Moving20.87%15.86%
Median Household Income

The unemployment rate in Redford, MI, is 6.00%, with job growth of -0.87%. Future job growth over the next ten years is predicted to be 32.26%.

Redford, MI Taxes

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

Redford, MI Income and Salaries

The income per capita is $22,663, which includes all adults and children. The median household income is $51,486.


Redford Economy SperlingViews

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Redford General SperlingViews

3 Bedroom Brick Bungalow: A must see. Well kept nice neighborhood close to the... (read more)Have an opinion about Redford? Leave a commentTo See All SperlingViews for Redford Click Here