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Economy in Ypsilanti, Michigan

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyYpsilanti, MIUnited States
Unemployment Rate7.90%9.10%
Recent Job Growth0.16%-0.12%
Future Job Growth32.42%31.25%
Sales Taxes6.00%6.80%
Income Taxes4.35%6.25%
Income per Cap.$17,792$27,067
Household Income$30,913$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K25.91%12.10%
Income between 15K and 25K15.44%10.18%
Income between 25K and 35K14.27%10.56%
Income between 35K and 50K16.37%14.98%
Income between 50K and 75K12.47%19.53%
Income between 75K and 100K7.71%12.52%
Income between 100K and 150K5.45%12.14%
Income between 150K and 250K1.18%3.91%
Income between 250K and 500K1.07%3.34%
Income greater than 500K0.11%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations9.05%13.81%
Professional and Related Occupations29.43%22.68%
Service27.04%14.51%
Sales and Office34.91%25.22%
Farming, Fishing, and Forestry0.12%0.68%
Construction, Extraction, and Maintenance3.65%9.37%
Production, Transportation, and Material Moving10.70%15.86%
Median Household Income

The unemployment rate in Ypsilanti, MI, is 7.90%, with job growth of 0.16%. Future job growth over the next ten years is predicted to be 32.42%.

Ypsilanti, MI Taxes

Ypsilanti, MI,sales tax rate is 6.00%. Income tax is 4.35%.

Ypsilanti, MI Income and Salaries

The income per capita is $17,792, which includes all adults and children. The median household income is $30,913.


Ypsilanti Economy SperlingViews

Cheaper to live than in Ann Arbor: Ypsi's major Employer is Eastern Michigan University. Although Ford has shut down, Ypsi township is still doing well. Great public library, great access to just about... (read more)Chalk and Cheese: I spent most of my childhood in Ypsi. If you are thinking of moving there on the basis of its close proximity to Ann Arbor - don't be duped. Ann Arbor is a lovely town... (read more)Just ok: I have been in Michigan all my life. I was born in Detroit and moved to Ypsilanti to raise my family. Ypsi is about 35 minutes outside of Detroit and it's nice to... (read more)Have an opinion about Ypsilanti? Leave a commentTo See All SperlingViews for Ypsilanti Click Here