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Albion, Michigan  0 Reviews | Leave a Comment

Economy

Download .xls | Last Updated: June, 2014

  ECONOMY OVERVIEW
  

The unemployment rate in Albion (zip 49224), MI, is 6.00%, with job growth of 2.98%. Future job growth over the next ten years is predicted to be 40.00%.

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

Albion (zip 49224), MI Income and Salaries

The income per capita is $17,271, which includes all adults and children. The median household income is $34,511.

  ECONOMYAlbion, MIUnited States
  Unemployment Rate  6.00%6.30%
  Recent Job Growth  2.98%1.18%
  Future Job Growth  40.00%36.10%
  Sales Taxes  6.00%6.00%
  Income Taxes  5.25%4.72%
  Income per Cap.  $17,271$28,051
  Household Income  $34,511$53,046
  Family Median Income  $43,611$64,585
  ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
  Income Less Than 15K  22.31%12.61%
  Income between 15K and 20K  9.25%5.33%
  Income between 20K and 30K  14.45%10.57%
  Income between 30K and 40K  10.74%9.90%
  Income between 40K and 50K  7.38%8.95%
  Income between 50K and 60K  7.63%8.08%
  Income between 60K and 75K  10.36%10.09%
  Income between 75K and 100K  9.83%12.25%
  Income between 100K and 150K  6.54%12.82%
  Income between 150K and 200K  1.09%4.78%
  Income greater than 200K  0.42%4.64%
  POPULATION BY OCCUPATION
  Management, business, finance  7.94%14.36%
  Engineering, computers, science  1.53%5.24%
  Community, social services  1.88%1.66%
  Legal  0.48%1.17%
  Education, library  7.05%6.10%
  Arts, design, media, sports, entertainment  1.39%1.88%
  Healthcare practitioners and technology  2.11%5.49%
  Healthcare support  4.55%2.47%
  Firefighters, law enforcement  2.42%2.24%
  Food preparation, serving  5.70%5.61%
  Building maintenance  5.46%3.97%
  Personal care  5.51%3.54%
  Sales, office, administrative support  26.42%24.89%
  Farming, fishing, forestry  0.07%0.73%
  Construction, extraction, maintenance/repair  7.13%8.56%
  Production, transportation, material moving  20.36%12.10%


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