2025 Compare Cities Economy:
Taylor, MI vs Wake Forest, NC

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Highlights
- Household income in Wake Forest, is 88% more than it is in Taylor and is 34% above the National Average.
- Taylor unemployment rate is 5.5%.
- Wake Forest unemployment rate is 3.6%.
 Taylor, MIWake Forest, NCUnited States
 Unemployment Rate  Unlock3.6%6.0%
 Recent Job Growth  Unlock3.0%1.6%
 Future Job Growth35.0%  Unlock33.5%
 Sales Taxes6.0%  Unlock6.2%
 Income Taxes  Unlock5.3%4.6%
 Income per Cap.$27,795  Unlock$37,638
 Household Income  Unlock$104,006$69,021
 Family Median Income$62,164  Unlock$85,028
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 Est. Households By Income
 Taylor, MIWake Forest, NCUnited States
 Income Less Than 15K  Unlock2.8%9.4%
 Income between 15K and 20K4.1%  Unlock3.8%
 Income between 20K and 30K  Unlock3.4%8.1%
 Income between 30K and 40K9.5%  Unlock8.0%
 Income between 40K and 50K  Unlock8.8%7.6%
 Income between 50K and 60K9.5%  Unlock7.2%
 Income between 60K and 75K  Unlock6.7%9.6%
 Income between 75K and 100K14.2%  Unlock12.8%
 Income between 100K and 150K  Unlock23.0%16.3%
 Income between 150K and 200K3.9%  Unlock7.8%
 Income greater than 200K  Unlock13.2%9.5%
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 Population By Occupation
 Taylor, MIWake Forest, NCUnited States
 Management, business, finance8.2%  Unlock16.4%
 Engineering, computers, science  Unlock11.1%6.5%
 Community, social services0.8%  Unlock1.8%
 Legal  Unlock1.3%1.2%
 Education, library3.0%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.8%2.0%
 Healthcare practitioners and technology5.0%  Unlock6.2%
 Healthcare support  Unlock1.4%3.3%
 Firefighters, law enforcement2.1%  Unlock2.1%
 Food preparation, serving  Unlock3.0%5.4%
 Building maintenance4.1%  Unlock3.6%
 Personal care  Unlock2.4%2.6%
 Sales, office, administrative support24.2%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.4%0.6%
 Construction, extraction, maintenance/repair8.9%  Unlock8.1%
 Production, transportation, material moving  Unlock6.4%13.1%
Reviews for Taylor    1 Reviews

Over 12 years ago

Due to budget cuts, the city closed 2 fire departments and reduced the number of police patrols in the city. As a result the response time of service is longer for the  More

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Reviews for Wake Forest    5 Reviews

Im a 22 year old male from Denver Colorado.im looking to relocate and transfer for work . Colorado has high taxes and high cost of living and also to much snow during  More

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Relocating from New York City three years ago took some adjustment and once settled in Wake Forest I was able to breath a little bit easier. The pace is something you  More

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The Triangle is a great place to work and live, more reasonable than the North but more expensive than most places in the South. We live in a beautiful  More

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