Economy in Reed City, Michigan
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Economy
| Unemployment Rate | 13.40% | 9.10% |
| Recent Job Growth | -2.08% | -0.12% |
| Future Job Growth | 22.44% | 31.25% |
| Sales Taxes | 6.00% | 6.80% |
| Income Taxes | 4.35% | 6.25% |
| Income per Cap. | $19,065 | $27,067 |
| Household Income | $38,093 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 21.10% | 12.10% |
| Income between 15K and 25K | 12.93% | 10.18% |
| Income between 25K and 35K | 12.20% | 10.56% |
| Income between 35K and 50K | 18.30% | 14.98% |
| Income between 50K and 75K | 18.61% | 19.53% |
| Income between 75K and 100K | 9.20% | 12.52% |
| Income between 100K and 150K | 5.79% | 12.14% |
| Income between 150K and 250K | 1.34% | 3.91% |
| Income between 250K and 500K | 0.52% | 3.34% |
| Income greater than 500K | 0.00% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 9.81% | 13.81% |
| Professional and Related Occupations | 27.61% | 22.68% |
| Service | 17.59% | 14.51% |
| Sales and Office | 22.81% | 25.22% |
| Farming, Fishing, and Forestry | 0.11% | 0.68% |
| Construction, Extraction, and Maintenance | 9.17% | 9.37% |
| Production, Transportation, and Material Moving | 28.89% | 15.86% |
The unemployment rate in Reed City, MI, is 13.40%, with job growth of -2.08%. Future job growth over the next ten years is predicted to be 22.44%.
Reed City, MI Taxes
Reed City, MI,sales tax rate is 6.00%. Income tax is 4.35%.
Reed City, MI Income and Salaries
The income per capita is $19,065, which includes all adults and children. The median household income is $38,093.
Reed City Economy SperlingViews
Crossroads: Reed City is a town of 2,000 in West Michigan that is the county seat of Osceola County. It is now the crossing point of the White Pine and Pere Marquette Trails and is... (read more)Have an opinion about Reed City? Leave a commentTo See All SperlingViews for Reed City Click Here
