Economy in Twin Lake, Michigan
Overview,
People,
Health,
Economy,
Housing,
Rankings,
Climate
Crime,
Comments,
Transportation,
Cost of Living,
Religion,
Voting
| Unemployment Rate | 8.40% | 8.60% |
| Recent Job Growth | -2.13% | 0.35% |
| Future Job Growth | 27.34% | 32.10% |
| Sales Taxes | 6.00% | 5.00% |
| Income Taxes | 4.35% | 4.70% |
| Income per Cap. | $18,892 | $26,154 |
| Household Income | $49,852 | $50,935 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 13.29% | 12.37% |
| Income between 15K and 25K | 6.65% | 10.53% |
| Income between 25K and 35K | 10.36% | 10.88% |
| Income between 35K and 50K | 19.94% | 15.37% |
| Income between 50K and 75K | 30.14% | 20.14% |
| Income between 75K and 100K | 13.14% | 12.41% |
| Income between 100K and 150K | 6.34% | 11.27% |
| Income between 150K and 250K | 0.15% | 5.01% |
| Income between 250K and 500K | 0.00% | 1.86% |
| Income greater than 500K | 0.00% | 0.16% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 6.55% | 14.04% |
| Professional and Related Occupations | 14.08% | 20.61% |
| Service | 11.35% | 14.45% |
| Sales and Office | 28.82% | 26.75% |
| Farming, Fishing, and Forestry | 0.22% | 0.70% |
| Construction, Extraction, and Maintenance | 13.65% | 9.42% |
| Production, Transportation, and Material Moving | 25.44% | 14.05% |
The unemployment rate in Twin Lake, MI, is 8.40%, with job growth of -2.13%. Future job growth over the next ten years is predicted to be 27.34%.
Twin Lake, MI Taxes
Twin Lake, MI,sales tax rate is 6.00%. Income tax is 4.35%.
Twin Lake, MI Income and Salaries
The income per capita is $18,892, which includes all adults and children. The median household income is $49,852.
We're looking for comments about Twin Lake. Express your opinion
We're looking for comments about Twin Lake. Express your opinion
