2025 Compare Cities Economy:
Elk Rapids, MI vs Bay City, MI

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Highlights
- Household income in Bay City, is 27% less than it is in Elk Rapids and is 64% below the National Average.
- Elk Rapids unemployment rate is 7.8%.
- Bay City unemployment rate is 8.2%.
 Elk Rapids, MIBay City, MIUnited States
 Unemployment Rate  Unlock8.2%6.0%
 Recent Job Growth  Unlock0.3%1.6%
 Future Job Growth30.8%  Unlock33.5%
 Sales Taxes6.0%  Unlock6.2%
 Income Taxes  Unlock4.3%4.6%
 Income per Cap.$40,882  Unlock$37,638
 Household Income  Unlock$41,959$69,021
 Family Median Income$81,786  Unlock$85,028
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 Est. Households By Income
 Elk Rapids, MIBay City, MIUnited States
 Income Less Than 15K  Unlock18.2%9.4%
 Income between 15K and 20K3.8%  Unlock3.8%
 Income between 20K and 30K  Unlock12.6%8.1%
 Income between 30K and 40K7.3%  Unlock8.0%
 Income between 40K and 50K  Unlock11.1%7.6%
 Income between 50K and 60K10.7%  Unlock7.2%
 Income between 60K and 75K  Unlock10.6%9.6%
 Income between 75K and 100K12.6%  Unlock12.8%
 Income between 100K and 150K  Unlock8.1%16.3%
 Income between 150K and 200K4.4%  Unlock7.8%
 Income greater than 200K  Unlock1.6%9.5%
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 Population By Occupation
 Elk Rapids, MIBay City, MIUnited States
 Management, business, finance16.8%  Unlock16.4%
 Engineering, computers, science  Unlock3.3%6.5%
 Community, social services1.4%  Unlock1.8%
 Legal  Unlock0.5%1.2%
 Education, library6.1%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.1%2.0%
 Healthcare practitioners and technology3.8%  Unlock6.2%
 Healthcare support  Unlock8.0%3.3%
 Firefighters, law enforcement0.0%  Unlock2.1%
 Food preparation, serving  Unlock8.3%5.4%
 Building maintenance7.4%  Unlock3.6%
 Personal care  Unlock3.3%2.6%
 Sales, office, administrative support22.8%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.5%0.6%
 Construction, extraction, maintenance/repair12.4%  Unlock8.1%
 Production, transportation, material moving  Unlock17.2%13.1%
Reviews for Elk Rapids    0 Reviews

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Reviews for Bay City    7 Reviews

Bay City offers low prices for homes due to lower population (Current lower demand). Years ago, the population was more than 3x as big due to big lumber industry, etc.  More

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But everything else is going to  More

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There are many pros to Bay City, it is incredibly cheap to live in and most everything is very affordable. The problem is that the economy is terrible and there aren't  More

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