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2024 Compare Cities Economy:
Albion, MI vs Parma, MI

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Highlights
- Household income in Parma, is 74% more than it is in Albion and is 7% below the National Average.
- Albion unemployment rate is 6.4%.
- Parma unemployment rate is 5.9%.

Economy
 Albion, MIParma, MIUnited States
 Unemployment Rate6.4%5.9%6.0%
 Recent Job Growth0.1%0.4%1.6%
 Future Job Growth22.8%29.5%33.5%
 Sales Taxes6.0%6.0%6.2%
 Income Taxes5.3%4.3%4.6%
 Income per Cap.$17,467$27,626$37,638
 Household Income$36,891$64,267$69,021
 Family Median Income$40,208$68,000$85,028
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 Est. Households By Income
 Albion, MIParma, MIUnited States
 Income Less Than 15K17.1%1.9%9.4%
 Income between 15K and 20K6.4%0.9%3.8%
 Income between 20K and 30K17.1%10.7%8.1%
 Income between 30K and 40K13.4%5.1%8.0%
 Income between 40K and 50K9.2%9.8%7.6%
 Income between 50K and 60K7.3%11.6%7.2%
 Income between 60K and 75K12.4%22.3%9.6%
 Income between 75K and 100K7.6%12.1%12.8%
 Income between 100K and 150K7.0%23.3%16.3%
 Income between 150K and 200K1.3%1.9%7.8%
 Income greater than 200K1.4%0.5%9.5%
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 Population By Occupation
 Albion, MIParma, MIUnited States
 Management, business, finance4.4%10.2%16.4%
 Engineering, computers, science4.9%8.1%6.5%
 Community, social services2.1%1.2%1.8%
 Legal0.2%0.0%1.2%
 Education, library5.8%3.7%6.2%
 Arts, design, media, sports, entertainment2.3%0.0%2.0%
 Healthcare practitioners and technology5.9%13.0%6.2%
 Healthcare support5.2%2.4%3.3%
 Firefighters, law enforcement2.2%1.2%2.1%
 Food preparation, serving10.2%7.7%5.4%
 Building maintenance4.9%5.7%3.6%
 Personal care4.6%0.4%2.6%
 Sales, office, administrative support25.2%13.8%20.9%
 Farming, fishing, forestry0.5%0.0%0.6%
 Construction, extraction, maintenance/repair3.8%6.9%8.1%
 Production, transportation, material moving17.8%25.6%13.1%

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ZIPS IN ALBION, MICHIGAN
49224
ZIPS IN PARMA, MICHIGAN
No Zip Codes Here.

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