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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
  POPULATION BY OCCUPATION
  Agriculture, forestry, fishing, hunting  1.08%1.35%
  Mining, quarrying, oil and gas extraction  0.12%0.61%
  Construction  3.18%6.19%
  Manufacturing  20.32%10.41%
  Wholesale trade  0.85%2.72%
  Retail trade  11.31%11.55%
  Transportation and warehousing  2.44%4.11%
  Utilities  00
  Information  1.17%2.12%
  Finance and insurance  2.23%4.69%
  Real estate, rental, leasing  0.58%1.89%
  Professional, scientific, technical services  2.81%6.68%
  Management of companies  0.07%0.08%
  Administrative, support, waste mgt svcs  4.08%4.27%
  Educational services  18.07%9.34%
  Health care and social assistance  11.57%13.81%
  Arts, entertainment, recreation  1.61%2.16%
  Accommodation, food services  8.00%7.44%
  Other services  6.06%4.94%
  Public administration  3.76%4.80%
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  ECONOMY MAP

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