Economy in Rochester Hills, Michigan
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Economy
| Unemployment Rate | 6.00% | 9.10% |
| Recent Job Growth | -0.56% | -0.12% |
| Future Job Growth | 32.88% | 31.25% |
| Sales Taxes | 6.00% | 6.80% |
| Income Taxes | 4.35% | 6.25% |
| Income per Cap. | $39,718 | $27,067 |
| Household Income | $80,456 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 5.77% | 12.10% |
| Income between 15K and 25K | 5.84% | 10.18% |
| Income between 25K and 35K | 6.31% | 10.56% |
| Income between 35K and 50K | 10.59% | 14.98% |
| Income between 50K and 75K | 18.11% | 19.53% |
| Income between 75K and 100K | 15.47% | 12.52% |
| Income between 100K and 150K | 20.71% | 12.14% |
| Income between 150K and 250K | 8.56% | 3.91% |
| Income between 250K and 500K | 7.57% | 3.34% |
| Income greater than 500K | 1.08% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 24.29% | 13.81% |
| Professional and Related Occupations | 32.15% | 22.68% |
| Service | 9.94% | 14.51% |
| Sales and Office | 25.60% | 25.22% |
| Farming, Fishing, and Forestry | 0.04% | 0.68% |
| Construction, Extraction, and Maintenance | 4.13% | 9.37% |
| Production, Transportation, and Material Moving | 8.77% | 15.86% |
The unemployment rate in Rochester Hills, MI, is 6.00%, with job growth of -0.56%. Future job growth over the next ten years is predicted to be 32.88%.
Rochester Hills, MI Taxes
Rochester Hills, MI,sales tax rate is 6.00%. Income tax is 4.35%.
Rochester Hills, MI Income and Salaries
The income per capita is $39,718, which includes all adults and children. The median household income is $80,456.
Rochester Hills Economy SperlingViews
Rochester Hils, MI: Lots of educated people, access to large corporations. However automotive economy has affected home prices. No appreciation in about 5... (read more)I want to move!!: I don't like the climate in Michigan, because the winter is too long and the summer is too short. Rochester Hill is a pretty good place to live, because the people are... (read more)Quality of life: Living here is different than when we were in New England. There is more pressure to excel, and they care more about your job then how long you have been here. Took... (read more)Have an opinion about Rochester Hills? Leave a commentTo See All SperlingViews for Rochester Hills Click Here
