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Economy in Albion (zip 49224), Michigan

Overview, People, Health, Economy, Housing, Rankings, Climate
Crime, Comments, Transportation, Cost of Living, Religion, Voting

EconomyAlbion, MIUnited States
Unemployment Rate6.90%8.60%
Recent Job Growth-4.13%0.35%
Future Job Growth24.84%32.10%
Sales Taxes6.00%5.00%
Income Taxes5.35%4.70%
Income per Cap.$16,379$26,154
Household Income$34,602$50,935
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K21.09%12.37%
Income between 15K and 25K15.17%10.53%
Income between 25K and 35K14.26%10.88%
Income between 35K and 50K18.40%15.37%
Income between 50K and 75K19.69%20.14%
Income between 75K and 100K6.21%12.41%
Income between 100K and 150K4.04%11.27%
Income between 150K and 250K0.98%5.01%
Income between 250K and 500K0.20%1.86%
Income greater than 500K0.00%0.16%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations7.66%14.04%
Professional and Related Occupations18.18%20.61%
Service18.52%14.45%
Sales and Office22.46%26.75%
Farming, Fishing, and Forestry0.42%0.70%
Construction, Extraction, and Maintenance7.36%9.42%
Production, Transportation, and Material Moving25.36%14.05%


Median Household Income

The unemployment rate in Albion (zip 49224), MI, is 6.90%, with job growth of -4.13%. Future job growth over the next ten years is predicted to be 24.84%.

Albion (zip 49224), MI Taxes

Albion (zip 49224), MI,sales tax rate is 6.00%. Income tax is 5.35%.

Albion (zip 49224), MI Income and Salaries

The income per capita is $16,379, which includes all adults and children. The median household income is $34,602.


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