Economy in Rochester, Michigan
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Economy
| Unemployment Rate | 10.20% | 9.10% |
| Recent Job Growth | -1.99% | -0.12% |
| Future Job Growth | 25.82% | 31.25% |
| Sales Taxes | 6.00% | 6.80% |
| Income Taxes | 4.35% | 6.25% |
| Income per Cap. | $46,842 | $27,067 |
| Household Income | $78,053 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 6.02% | 12.10% |
| Income between 15K and 25K | 7.21% | 10.18% |
| Income between 25K and 35K | 8.88% | 10.56% |
| Income between 35K and 50K | 11.68% | 14.98% |
| Income between 50K and 75K | 14.48% | 19.53% |
| Income between 75K and 100K | 13.95% | 12.52% |
| Income between 100K and 150K | 18.04% | 12.14% |
| Income between 150K and 250K | 6.87% | 3.91% |
| Income between 250K and 500K | 10.83% | 3.34% |
| Income greater than 500K | 2.05% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 29.43% | 13.81% |
| Professional and Related Occupations | 32.45% | 22.68% |
| Service | 8.93% | 14.51% |
| Sales and Office | 26.95% | 25.22% |
| Farming, Fishing, and Forestry | 0.00% | 0.68% |
| Construction, Extraction, and Maintenance | 3.06% | 9.37% |
| Production, Transportation, and Material Moving | 5.74% | 15.86% |
The unemployment rate in Rochester, MI, is 10.20%, with job growth of -1.99%. Future job growth over the next ten years is predicted to be 25.82%.
Rochester, MI Taxes
Rochester, MI,sales tax rate is 6.00%. Income tax is 4.35%.
Rochester, MI Income and Salaries
The income per capita is $46,842, which includes all adults and children. The median household income is $78,053.
Rochester Economy SperlingViews
Weather: The winters are very cold and some snow days can be quite challenging. The summers are great with very little humidty and... (read more)Over-crowded: Back in the 1970's and early 1980's, Rochester was a nice quiet little town that people lived in to get away from the craziness of other areas in Oakland and Macomb... (read more)Have an opinion about Rochester? Leave a commentTo See All SperlingViews for Rochester Click Here
