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Economy in Belmont (zip 49306), Michigan

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

Economy
EconomyBelmont, MIUnited States
Unemployment Rate8.80%9.10%
Recent Job Growth0.16%-0.12%
Future Job Growth31.52%31.25%
Sales Taxes6.00%6.80%
Income Taxes4.35%6.25%
Income per Cap.$30,564$27,067
Household Income$74,919$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K3.60%12.10%
Income between 15K and 25K6.24%10.18%
Income between 25K and 35K7.24%10.56%
Income between 35K and 50K11.60%14.98%
Income between 50K and 75K21.24%19.53%
Income between 75K and 100K19.69%12.52%
Income between 100K and 150K20.48%12.14%
Income between 150K and 250K4.39%3.91%
Income between 250K and 500K4.66%3.34%
Income greater than 500K0.85%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations14.87%13.81%
Professional and Related Occupations24.56%22.68%
Service12.32%14.51%
Sales and Office27.91%25.22%
Farming, Fishing, and Forestry0.31%0.68%
Construction, Extraction, and Maintenance9.86%9.37%
Production, Transportation, and Material Moving17.72%15.86%
Median Household Income

The unemployment rate in Belmont (zip 49306), MI, is 8.80%, with job growth of 0.16%. Future job growth over the next ten years is predicted to be 31.52%.

Belmont (zip 49306), MI Taxes

Belmont (zip 49306), MI,sales tax rate is 6.00%. Income tax is 4.35%.

Belmont (zip 49306), MI Income and Salaries

The income per capita is $30,564, which includes all adults and children. The median household income is $74,919.


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