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Economy in Southfield township, Michigan

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomySouthfield township, MIUnited States
Unemployment Rate10.20%9.10%
Recent Job Growth-1.99%-0.12%
Future Job Growth25.82%31.25%
Sales Taxes6.00%6.80%
Income Taxes4.35%6.25%
Income per Cap.$54,494$27,067
Household Income$99,343$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K3.27%12.10%
Income between 15K and 25K2.87%10.18%
Income between 25K and 35K5.70%10.56%
Income between 35K and 50K7.22%14.98%
Income between 50K and 75K16.10%19.53%
Income between 75K and 100K14.96%12.52%
Income between 100K and 150K22.48%12.14%
Income between 150K and 250K9.37%3.91%
Income between 250K and 500K13.73%3.34%
Income greater than 500K4.30%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations28.67%13.81%
Professional and Related Occupations38.07%22.68%
Service6.75%14.51%
Sales and Office24.32%25.22%
Farming, Fishing, and Forestry0.03%0.68%
Construction, Extraction, and Maintenance2.45%9.37%
Production, Transportation, and Material Moving3.87%15.86%
Median Household Income

The unemployment rate in Southfield township, MI, is 10.20%, with job growth of -1.99%. Future job growth over the next ten years is predicted to be 25.82%.

Southfield township, MI Taxes

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

Southfield township, MI Income and Salaries

The income per capita is $54,494, which includes all adults and children. The median household income is $99,343.


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