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Economy

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  ECONOMY OVERVIEW
  

The unemployment rate in Albion (zip 49224), Michigan, is 4.40%, with job growth of 2.02%. Future job growth over the next ten years is predicted to be 39.64%.

Albion (zip 49224), Michigan Taxes
Albion (zip 49224), Michigan,sales tax rate is 6.00%. Income tax is 5.25%.

Albion (zip 49224), Michigan Income and Salaries

The income per capita is $17,377, which includes all adults and children. The median household income is $32,794.

  ECONOMYAlbion, MichiganUnited States
  Unemployment Rate  4.40%5.20%
  Recent Job Growth  2.02%1.59%
  Future Job Growth  39.64%37.98%
  Sales Taxes  6.00%6.00%
  Income Taxes  5.25%4.60%
  Income per Cap.  $17,377$28,555
  Household Income  $32,794$53,482
  Family Median Income  $40,815$65,443
  ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
  Income Less Than 15K  23.05%12.55%
  Income between 15K and 20K  8.65%5.36%
  Income between 20K and 30K  15.48%10.42%
  Income between 30K and 40K  11.73%9.80%
  Income between 40K and 50K  7.30%8.80%
  Income between 50K and 60K  7.79%7.90%
  Income between 60K and 75K  7.62%9.93%
  Income between 75K and 100K  9.86%12.16%
  Income between 100K and 150K  7.53%13.01%
  Income between 150K and 200K  0.64%5.04%
  Income greater than 200K  0.36%5.03%
  POPULATION BY OCCUPATION
  Management, business, finance  7.57%14.54%
  Engineering, computers, science  4.11%5.34%
  Community, social services  5.93%1.67%
  Legal  0.26%1.16%
  Education, library  14.73%6.13%
  Arts, design, media, sports, entertainment  3.79%1.91%
  Healthcare practitioners and technology  7.91%5.67%
  Healthcare support  3.98%2.51%
  Firefighters, law enforcement  1.15%2.23%
  Food preparation, serving  5.43%5.76%
  Building maintenance  4.31%4.01%
  Personal care  4.56%3.65%
  Sales, office, administrative support  19.88%24.36%
  Farming, fishing, forestry  3.20%0.73%
  Construction, extraction, maintenance/repair  5.93%8.24%
  Production, transportation, material moving  7.25%12.09%

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