Economy in Bay City Metro Area, Michigan
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| Unemployment Rate | 7.40% | 8.60% |
| Recent Job Growth | 0.49% | 0.35% |
| Future Job Growth | 33.58% | 32.10% |
| Sales Taxes | 6.00% | 5.00% |
| Income Taxes | 4.35% | 4.70% |
| Income per Cap. | $21,118 | $26,154 |
| Household Income | $40,393 | $50,935 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 15.88% | 12.37% |
| Income between 15K and 25K | 14.16% | 10.53% |
| Income between 25K and 35K | 13.98% | 10.88% |
| Income between 35K and 50K | 15.96% | 15.37% |
| Income between 50K and 75K | 20.02% | 20.14% |
| Income between 75K and 100K | 10.51% | 12.41% |
| Income between 100K and 150K | 7.23% | 11.27% |
| Income between 150K and 250K | 1.75% | 5.01% |
| Income between 250K and 500K | 0.47% | 1.86% |
| Income greater than 500K | 0.04% | 0.16% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 9.74% | 14.04% |
| Professional and Related Occupations | 17.40% | 20.61% |
| Service | 16.45% | 14.45% |
| Sales and Office | 27.09% | 26.75% |
| Farming, Fishing, and Forestry | 0.39% | 0.70% |
| Construction, Extraction, and Maintenance | 10.95% | 9.42% |
| Production, Transportation, and Material Moving | 17.96% | 14.05% |
The unemployment rate in Bay City Metro Area, MI, is 7.40%, with job growth of 0.49%. Future job growth over the next ten years is predicted to be 33.58%.
Bay City Metro Area, MI Taxes
Bay City Metro Area, MI,sales tax rate is 6.00%. Income tax is 4.35%.
Bay City Metro Area, MI Income and Salaries
The income per capita is $21,118, which includes all adults and children. The median household income is $40,393.
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