In 2020, 0.713% of men over 25 years of age had not completed any academic degree (no schooling), while 0.711% of women were in the same situation. The most common non-English languages spoken as the primary langauge in households in Michigan are Spanish (272,275 households), Arabic (147,867 households), and Chinese (Incl. Car ownership in Michigan is approximately the same as the national average, with an average of 2 cars per household. This chart shows the number of workers in Michigan across various wage buckets compared to the national average. Users should exercise caution when comparing 2017-2021 ACS 5-year estimates to other ACS estimates. Lock With the upper buttons you can see the distribution of the average salary and add a filter by race. Census data is tagged to a residential address, not a work address. The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks. Income inequality had a 0.801% decline from 2019 to 2020, which means that wage distribution grew somewhat more even. Real median household income peaked in 2020 at $64,415 and is now $917 (1.42%) lower. In 2020 in Michigan, the percentage of applicants admitted was 64.9%, while the percentage of admitted who enrolled was 24.2%. The homeownership rate in Michigan is 71.7%, which is approximately the same as the national average of 64.4%. The largest universities in Michigan by number of degrees awarded are University of Michigan-Ann Arbor (15,263 and 11.4%), Michigan State University (13,443 and 10.1%), and Wayne State University (6,889 and 5.16%). This Fact is based on data collected in the American Community Survey (ACS) and the Puerto Rico Community Survey (PRCS) conducted annually by the U.S. Census Bureau. According to the Census ACS 1-year survey, the median household income for Michigan was $63,498 in 2021, the latest figures available. Federal Reserve Bank of St. Louis; Compared to the median US family income, Michigan median family income is $5,283 lower. In 2020, the institution with the largest number of graduating students was University of Michigan-Ann Arbor with 15,263 degrees awarded. Statistics from all surveys are subject to sampling and nonsampling error. Private for-profit, less-than 2-year ($1,800) is the sector with the highest median state fee in 2020. *For a full picture of the percent of people who are financially living on the edge, the percent ALICE and percent below poverty should be added together. The following map shows the amount of trade that Michigan shares with each state (excluding itself). Using averages, employees in Michigan have a shorter commute time (24.6 minutes) than the normal US worker (26.9 minutes). The visualization shows the distribution of the residents by gender and age in the United States. For the complete definition, go to ACS subject definitions "Income in the Past 12 Months.". SNAP, the Supplemental Nutrition Assistance Program, is the countrys most robust social safety net program. 6.6% of Households in Michigan are High Income Households that make over $200,000 a year. If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. Estimate of Median Household Income for Kent County, MI (MHIMI26081A052NCEN) Observation: 2021: 71,933 (+ more) Updated: Dec 21, 2022 In 2020, the county with the highest Median Household Income in Michigan was Livingston County, MI with a value of $84,274, followed by Oakland County, MI and Washtenaw County, MI, with respective values of $81,587 and $75,730. Under the paragraphs, the average number of awarded degrees by university in each degree is shown. WebMichigan Median household income (in 2018 dollars), 2014-2018 by County > United States > Michigan Data Item State Map Rank Table US Dollars 35K - 38K 38K - 42K An official website of the United States government. The Census Bureau recommends that data users incorporate this information into their analyses, as sampling error in survey estimates could impact the conclusions drawn from the results. Series from Small Area Income and Poverty Estimates. The following map shows the estimated number of chronically homeless individuals by state over multiple years. In 2020, Michigan had a population of 9.97M people with a median age of 39.8 and a median household income of $59,234. In 2020, the top outbound Michigan product (by dollars) was Motorized vehicles with $193B, followed by Machinery ($56.5B) and Mixed freight ($49.6B). At $63,498, the median household income for Michigan was at a new nominal high in 2021. as well as image rights, data visualizations, forward planning tools, The most common job groups, by number of people living in Michigan, are Driver/sales workers & truck drivers (107,323 people), Other managers (104,728 people), and Registered nurses (102,268 people). From 2014 to 2021, the indicator declined 7.2%. Nothing on this site constitutes investment advice. Income: Median household income was $67,521 in 2020, a decrease of 2.9 percent from the 2019 median of $69,560 (Figure 1 and Table A-1). This is the first statistically significant decline in median household income since 2011. In 2021, the percentage of population under age 65 without health insurance was 6.5% in Michigan. Share sensitive information only on official, WebThis service is provided for the sole purpose of showing the applicable Area Median Income (AMI) for each applicable census tract. The student population of Michigan in 2020 is skewed towards women, with 216,044 male students and 285,992 female students. organization in the United States. ) or https:// means youve safely connected to WebIn 2020, Michigan had a population of 9.97M people with a median age of 39.8 and a median household income of $59,234. In 2020, the most common concentation for Bachelors Degree recipients in Michigan was General Business Administration & Management with 3,019 degrees awarded. Per capita personal health care spending in Michigan was $8,055 in 2014. Compared to the median US household income, Michigan median household income is $6,219 lower. 2022 Census ACS data (including 2022 Michigan household income numbers) will be released in September of 2023. Studies show a strong relationship between the percent of single parent households and a lack of social mobility in a region. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household. The median is based on the income distribution of all households, including those with no income. Dollars,Not Seasonally Adjusted, Frequency: The following chart shows the popular vote results in Michigan for each registered party from 1976 to 2020. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty. Michigan Creative Because many households consist of only one person, average household income is usually less than average family income. 9.74% of the households in Michigan reported speaking a non-English language at home as their primary shared language, which is lower than the national average of 21.5%. Members of the House of Representives are elected to 2-year terms, and the following chart shows the how the members for Michigan have changed over time starting in 2008. The visualization shows the distribution of the workforce by gender and age in Michigan. In 2020, 57,208 men were awarded degrees from institutions in Michigan, which is 0.749 times less than the 76,371 female students who received degrees in the same year. share our stories with your audience. In 2020, the county with the highest Median Household Income (Total) in Michigan was Livingston County, MI with a value of $84,274, followed by Oakland County, MI and Washtenaw County, MI, with respective values of $81,587 and $75,730. Secure .gov websites use HTTPS Graph and download economic data for Estimate of Median Household Income for Macomb County, MI (MHIMI26099A052NCEN) from 1989 to 2021 about ) or https:// means youve safely connected to The bureau's main objective with this program is to provide estimates of income and poverty for the administration of federal programs and the allocation of federal funds to local jurisdictions. In addition to these federal programs, state and local programs use the income and poverty estimates for distributing funds and managing programs.Household income includes income of the householder and all other people 15 years and older in the household, whether or not they are related to the householder. This chart shows the share breakdown of the primary industries for residents of Michigan, though some of these residents may live in Michigan and work somewhere else. Males in Michigan have an average income that is 1.36 times higher than the average income of females, which is $50,905. In other words, wages are distributed more evenly in Michigan in comparison to the national average. The industries with the best median earnings for men in 2020 are Public Administration ($63,375), Finance & Insurance, & Real Estate & Rental & Leasing ($60,282), and Manufacturing ($57,266). Median household income in Michigan is $59,234. Around the state, child care expenses are eating up 35% of many low-income families earnings as much as 50% in Washtenaw County. We use median income (and not average income) to demonstrate the typical income of a household in that county. We and our partners use cookies to Store and/or access information on a device. This chart shows weekly unemployment insurance claims in Michigan (not-seasonally adjusted) compared with the four states with the most similar impact. Between 2019 and 2020, the percent of uninsured citizens in Michigan declined by 2.76% from 5.51% to 5.36%. A .gov website belongs to an official government Explore, map, compare, and download U.S. data, The 3 PUMAS with the highest resident population. Compared to the median US household The graph underneath the paragraph shows the trend of the indicator in Michigan. In 2020, the median household income of the 3.98M households in Michigan grew to $59,234 from the previous year's value of $57,144. The chart shows the total annual payroll and the average annual payroll by industry. Categories > U.S. QuickFacts data are derived from: Population Estimates, American Community Survey, Census of Population and Housing, Current Population Survey, Small Area Health Insurance Estimates, Small Area Income and Poverty Estimates, State and County Housing Unit Estimates, County Business Patterns, Nonemployer Statistics, Economic Census, Survey of Business Owners, Building Permits. The workforce of Michigan in 2020 was 4,449,445 people, with 48.2% woman, and 51.8% men. For this Fact, its estimates and margins of error along with percents and percent margins of errors can be found on American Community Survey, Data Profiles-Economic Characteristics, American Community Survey, Data Profiles-Economic Characteristics. May 1, 2023. Official websites use .gov For more details, Office of the Vice President for Communications. One Federal Reserve Bank Plaza, Releases from U.S. Census Bureau, More 13.7% of the population for whom poverty status is determined in Michigan (1.34M out of 9.75M people) live below the poverty line, a number that is higher than the national average of 12.8%. The percent of the population below the federal poverty line. From 2014 to 2021, the indicator declined 35.3 per 100,000 population. In 2020 there were 9,973,907 residents in Michigan. For more information, please visit the 2021 5-year ACS Comparison Guidance page. Please note that new Connecticut county level geographies are not availabe within the map. The U.S. Census Bureau provides annual estimates of income and poverty statistics for all school districts, counties, and states through the Small Area Income and Poverty Estimates (SAIPE) program. Primary care physicians in Michigan see an average of 1,266 patients per year. A lock ( Poverty Solutions at the University of Michigan. Measures of sampling error are provided in the form of margins of error for all estimates included with ACS and PRCS published products. As of 2020, 6.88% of Michigan residents (687k people) were born outside of the United States, which is lower than the national average of 13.5%. May 1, 2023. It stands for: Asset Limited, Income Constrained, Employed. The Public Use Microdata Areas (PUMA) that concentrated the largest workforce were Carr 2-Carr 111 PUMA, PR (38,236 people), Carr 2 (Noroeste) PUMA, PR (29,220 people), and Carr 2-Carr 100 PUMA, PR (29,330 people). As of May 2021, there are 145M people employed in Michigan. Lender may use the AMI limits for purposes of Please note that new Connecticut county level geographies are not availabe within the map. The current median household income for Michigan is $63,498. In 2020, the income inequality in Michigan was 0.471 according to the GINI calculation of the wage distribution. This visualization illustrates the percentage of students graduating with a Bachelors Degree from schools in Michigan according to their major. Privacy Policy. Median household income: This chart presents movement trends over time in the state of Michigan across different categories of places such as retail and recreation, groceries and pharmacies, parks, transit stations, workplaces, and residential.
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