Economy in Grand Rapids-Wyoming Metro Area, Michigan
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| Unemployment Rate | 6.50% | 8.60% |
| Recent Job Growth | -0.70% | 0.35% |
| Future Job Growth | 32.10% | 32.10% |
| Sales Taxes | 6.00% | 5.00% |
| Income Taxes | 4.35% | 4.70% |
| Income per Cap. | $22,312 | $26,154 |
| Household Income | $47,272 | $50,935 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 11.16% | 12.37% |
| Income between 15K and 25K | 11.71% | 10.53% |
| Income between 25K and 35K | 12.38% | 10.88% |
| Income between 35K and 50K | 17.88% | 15.37% |
| Income between 50K and 75K | 22.95% | 20.14% |
| Income between 75K and 100K | 11.97% | 12.41% |
| Income between 100K and 150K | 8.00% | 11.27% |
| Income between 150K and 250K | 3.37% | 5.01% |
| Income between 250K and 500K | 0.55% | 1.86% |
| Income greater than 500K | 0.05% | 0.16% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 12.68% | 14.04% |
| Professional and Related Occupations | 18.01% | 20.61% |
| Service | 12.92% | 14.45% |
| Sales and Office | 26.23% | 26.75% |
| Farming, Fishing, and Forestry | 0.56% | 0.70% |
| Construction, Extraction, and Maintenance | 8.60% | 9.42% |
| Production, Transportation, and Material Moving | 21.01% | 14.05% |
The unemployment rate in Grand Rapids-Wyoming Metro Area, MI, is 6.50%, with job growth of -0.70%. Future job growth over the next ten years is predicted to be 32.10%.
Grand Rapids-Wyoming Metro Area, MI Taxes
Grand Rapids-Wyoming Metro Area, MI,sales tax rate is 6.00%. Income tax is 4.35%.
Grand Rapids-Wyoming Metro Area, MI Income and Salaries
The income per capita is $22,312, which includes all adults and children. The median household income is $47,272.
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