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2024 Compare Cities Economy:
Lapeer, MI vs Trout Lake, MI

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Highlights
- Household income in Trout Lake, is 29% more than it is in Lapeer and is 12% below the National Average.
- Lapeer unemployment rate is 4.9%.
- Trout Lake unemployment rate is 7.3%.

Economy
 Lapeer, MITrout Lake, MIUnited States
 Unemployment Rate4.9%7.3%6.0%
 Recent Job Growth0.1%1.0%1.6%
 Future Job Growth33.8%18.9%33.5%
 Sales Taxes6.0%6.0%6.2%
 Income Taxes5.3%4.3%4.6%
 Income per Cap.$28,197$38,592$37,638
 Household Income$47,990$61,750$69,021
 Family Median Income$65,285$61,750$85,028
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 Est. Households By Income
 Lapeer, MITrout Lake, MIUnited States
 Income Less Than 15K18.9%0.0%9.4%
 Income between 15K and 20K4.9%11.9%3.8%
 Income between 20K and 30K11.8%6.0%8.1%
 Income between 30K and 40K6.8%6.0%8.0%
 Income between 40K and 50K11.5%6.0%7.6%
 Income between 50K and 60K5.1%14.9%7.2%
 Income between 60K and 75K12.6%34.3%9.6%
 Income between 75K and 100K13.6%0.0%12.8%
 Income between 100K and 150K8.2%13.4%16.3%
 Income between 150K and 200K4.5%7.5%7.8%
 Income greater than 200K2.3%0.0%9.5%
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 Population By Occupation
 Lapeer, MITrout Lake, MIUnited States
 Management, business, finance10.5%5.0%16.4%
 Engineering, computers, science3.5%0.0%6.5%
 Community, social services1.1%0.0%1.8%
 Legal1.4%0.0%1.2%
 Education, library5.7%0.0%6.2%
 Arts, design, media, sports, entertainment2.0%0.0%2.0%
 Healthcare practitioners and technology5.5%20.0%6.2%
 Healthcare support3.1%0.0%3.3%
 Firefighters, law enforcement1.5%7.5%2.1%
 Food preparation, serving6.9%0.0%5.4%
 Building maintenance2.6%25.0%3.6%
 Personal care1.7%0.0%2.6%
 Sales, office, administrative support20.6%27.5%20.9%
 Farming, fishing, forestry0.4%0.0%0.6%
 Construction, extraction, maintenance/repair9.5%15.0%8.1%
 Production, transportation, material moving24.0%0.0%13.1%

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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 Trout Lake    0 Reviews

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ZIPS IN LAPEER, MICHIGAN
48446
ZIPS IN TROUT LAKE, MICHIGAN
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