2024 Compare Cities Economy:
Lapeer, MI vs Frankenmuth, MI

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Highlights
- Household income in Frankenmuth, is 65% more than it is in Lapeer and is 13% above the National Average.
- Lapeer unemployment rate is 4.9%.
- Frankenmuth unemployment rate is 6.8%.
 Lapeer, MIFrankenmuth, MIUnited States
 Unemployment Rate4.9%6.8%6.0%
 Recent Job Growth0.1%0.4%1.6%
 Future Job Growth33.8%22.3%33.5%
 Sales Taxes6.0%6.0%6.2%
 Income Taxes5.3%4.3%4.6%
 Income per Cap.$28,197$48,456$37,638
 Household Income$47,990$79,184$69,021
 Family Median Income$65,285$113,378$85,028
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 Est. Households By Income
 Lapeer, MIFrankenmuth, MIUnited States
 Income Less Than 15K18.9%4.1%9.4%
 Income between 15K and 20K4.9%0.7%3.8%
 Income between 20K and 30K11.8%12.3%8.1%
 Income between 30K and 40K6.8%9.6%8.0%
 Income between 40K and 50K11.5%3.8%7.6%
 Income between 50K and 60K5.1%7.6%7.2%
 Income between 60K and 75K12.6%9.2%9.6%
 Income between 75K and 100K13.6%14.5%12.8%
 Income between 100K and 150K8.2%22.3%16.3%
 Income between 150K and 200K4.5%7.2%7.8%
 Income greater than 200K2.3%8.7%9.5%
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 Population By Occupation
 Lapeer, MIFrankenmuth, MIUnited States
 Management, business, finance10.5%18.5%16.4%
 Engineering, computers, science3.5%7.8%6.5%
 Community, social services1.1%0.0%1.8%
 Legal1.4%2.5%1.2%
 Education, library5.7%10.6%6.2%
 Arts, design, media, sports, entertainment2.0%0.8%2.0%
 Healthcare practitioners and technology5.5%5.6%6.2%
 Healthcare support3.1%3.1%3.3%
 Firefighters, law enforcement1.5%1.0%2.1%
 Food preparation, serving6.9%9.5%5.4%
 Building maintenance2.6%2.4%3.6%
 Personal care1.7%0.2%2.6%
 Sales, office, administrative support20.6%25.1%20.9%
 Farming, fishing, forestry0.4%0.0%0.6%
 Construction, extraction, maintenance/repair9.5%5.8%8.1%
 Production, transportation, material moving24.0%7.1%13.1%
Reviews for Lapeer    3 Reviews

Over 4 years ago

I grew up in Lapeer in the summers of the 1950s. I retired to Florida, but now I am ready to admit my mistake and go back. I love  More

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I've lived in Lapeer for 17 years now and it is a great place to raise a family. It's got everything you need on a regular basis, shopping, grocery stores and  More

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Over 16 years ago

Small town atmosphere, very few jobs available, mostly small manufacturing jobs and retail. Economic downfall, city relies mostly on automotive manufacturing in major  More

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Reviews for Frankenmuth    0 Reviews

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