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2024 Compare Cities Economy:
Hancock, MI vs Menominee, MI

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Highlights
- Household income in Menominee, is 3% more than it is in Hancock and is 54% below the National Average.
- Hancock unemployment rate is 5.4%.
- Menominee unemployment rate is 4.7%.

Economy
 Hancock, MIMenominee, MIUnited States
 Unemployment Rate5.4%4.7%6.0%
 Recent Job Growth0.6%-0.5%1.6%
 Future Job Growth23.9%14.7%33.5%
 Sales Taxes6.0%6.0%6.2%
 Income Taxes4.3%4.3%4.6%
 Income per Cap.$29,457$25,784$37,638
 Household Income$43,514$44,750$69,021
 Family Median Income$110,556$63,351$85,028
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 Est. Households By Income
 Hancock, MIMenominee, MIUnited States
 Income Less Than 15K13.4%15.9%9.4%
 Income between 15K and 20K8.1%6.0%3.8%
 Income between 20K and 30K14.4%7.5%8.1%
 Income between 30K and 40K11.4%13.1%8.0%
 Income between 40K and 50K5.8%9.6%7.6%
 Income between 50K and 60K7.0%11.5%7.2%
 Income between 60K and 75K5.6%10.9%9.6%
 Income between 75K and 100K5.5%10.9%12.8%
 Income between 100K and 150K17.7%11.8%16.3%
 Income between 150K and 200K7.3%2.1%7.8%
 Income greater than 200K3.7%0.9%9.5%
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 Population By Occupation
 Hancock, MIMenominee, MIUnited States
 Management, business, finance6.8%10.3%16.4%
 Engineering, computers, science6.8%5.7%6.5%
 Community, social services1.9%0.6%1.8%
 Legal1.0%0.3%1.2%
 Education, library17.5%3.9%6.2%
 Arts, design, media, sports, entertainment7.0%1.4%2.0%
 Healthcare practitioners and technology5.7%4.3%6.2%
 Healthcare support2.3%3.1%3.3%
 Firefighters, law enforcement0.6%1.5%2.1%
 Food preparation, serving7.0%5.1%5.4%
 Building maintenance4.5%3.8%3.6%
 Personal care3.6%1.0%2.6%
 Sales, office, administrative support19.3%21.5%20.9%
 Farming, fishing, forestry1.1%0.0%0.6%
 Construction, extraction, maintenance/repair6.4%7.0%8.1%
 Production, transportation, material moving8.6%30.5%13.1%

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ZIPS IN HANCOCK, MICHIGAN
49930
ZIPS IN MENOMINEE, MICHIGAN
49858

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