Economy in Romeo, Michigan
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Economy
| Unemployment Rate | 11.70% | 9.10% |
| Recent Job Growth | -2.72% | -0.12% |
| Future Job Growth | 22.86% | 31.25% |
| Sales Taxes | 6.00% | 6.80% |
| Income Taxes | 4.35% | 6.25% |
| Income per Cap. | $27,534 | $27,067 |
| Household Income | $52,293 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 12.26% | 12.10% |
| Income between 15K and 25K | 14.09% | 10.18% |
| Income between 25K and 35K | 11.37% | 10.56% |
| Income between 35K and 50K | 10.61% | 14.98% |
| Income between 50K and 75K | 20.53% | 19.53% |
| Income between 75K and 100K | 12.95% | 12.52% |
| Income between 100K and 150K | 12.32% | 12.14% |
| Income between 150K and 250K | 4.17% | 3.91% |
| Income between 250K and 500K | 1.64% | 3.34% |
| Income greater than 500K | 0.06% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 13.95% | 13.81% |
| Professional and Related Occupations | 23.85% | 22.68% |
| Service | 18.90% | 14.51% |
| Sales and Office | 22.96% | 25.22% |
| Farming, Fishing, and Forestry | 0.00% | 0.68% |
| Construction, Extraction, and Maintenance | 10.14% | 9.37% |
| Production, Transportation, and Material Moving | 20.63% | 15.86% |
The unemployment rate in Romeo, MI, is 11.70%, with job growth of -2.72%. Future job growth over the next ten years is predicted to be 22.86%.
Romeo, MI Taxes
Romeo, MI,sales tax rate is 6.00%. Income tax is 4.35%.
Romeo, MI Income and Salaries
The income per capita is $27,534, which includes all adults and children. The median household income is $52,293.
Romeo Economy SperlingViews
Quality of Life: We moved here in 2004 and we love the lifestyle we have here. Virtually no crime to speak of and very friendly neighbors and clean community. We love history and... (read more)Have an opinion about Romeo? Leave a commentTo See All SperlingViews for Romeo Click Here
