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Economy in Riverside township, Michigan

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyRiverside township, 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.$18,414$27,067
Household Income$40,584$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K13.30%12.10%
Income between 15K and 25K12.77%10.18%
Income between 25K and 35K16.22%10.56%
Income between 35K and 50K21.28%14.98%
Income between 50K and 75K22.07%19.53%
Income between 75K and 100K6.38%12.52%
Income between 100K and 150K4.26%12.14%
Income between 150K and 250K1.06%3.91%
Income between 250K and 500K2.39%3.34%
Income greater than 500K0.27%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations13.33%13.81%
Professional and Related Occupations16.77%22.68%
Service13.55%14.51%
Sales and Office20.65%25.22%
Farming, Fishing, and Forestry4.95%0.68%
Construction, Extraction, and Maintenance12.04%9.37%
Production, Transportation, and Material Moving22.80%15.86%
Median Household Income

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

Riverside township, MI Taxes

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

Riverside township, MI Income and Salaries

The income per capita is $18,414, which includes all adults and children. The median household income is $40,584.


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