The City encompasses a total of 10.4 square miles or 2% of the land area in Bay County. Closely related to the median are two values: the 25th and the 75th percentiles. Email . If you are interested in the salary of a particular job, see below for salaries for specific job titles. The following chart shows how the percent of uninsured individuals in Michigan changed over time compared with the percent of individuals enrolled in various types of health insurance. In 2019, the percentage of foreign-born citizens in Michigan was 6.87%, meaning that the rate has been increasing. 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. Similarly, income amounts reported by individuals who did not reside in the household during the past 12 months but who were members of the household at the time of interview are included. In 2020, universities in Michigan awarded 133,579 degrees. Most people in Michigan drove alone to work, and the average commute time was 24.6 minutes. In 2021, the percentage of the adult population (age 18 and older) that reports a body mass index (BMI) greater than or equal to 30 kg/m2 (age-adjusted) was 32.4% in Michigan. facts. 9.74% of the households in Michigan reported speaking a non-English language at home as their primary shared language. Compare this to dentists who see 1308 patients per year, and mental health providers who see 355 patients per year. Income is pre-tax (gross) income earned between January and December 2021. Decoding the Average Income in the US: Evaluating the Viability of a $22k Yearly Salary and Maximizing Your Earnings. Michigan: 64,488 67,399 67,399 Minnesota: 80,441 82,431 82,431 . Top 10 Highest Paying Careers in United States, You deserve a salary increment but you are not sure how to ask.Check our 25 sample Salary Increase Request emails. Graph and download economic data for Median Household Income in Michigan (MEHOINUSMIA646N) from 1984 to 2021 about MI, households, median, income, and USA. 6.6% of Households in Michigan are High Income Households that make over $200,000 a year. The map show the children in poverty rate in the counties of California. An official website of the United States government. For the complete definition, go to ACS subject definitions "Income in the Past 12 Months.". This slideshow lists the 50 wealthiest Michigan cities and townships based on estimated annual median household income for 2011-15. . QuickFacts provides statistics for all states and counties, and for cities and towns with a population of 5,000 or more. Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data. Employees that support and facilitate the work of revenue generators. 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%. A sample of over 3.5 million housing unit addresses is interviewed each year over a 12 month period. If your salary is higher than both the average and the median then you are doing very well. The difference in increment rates is somehow justified because employers put more effort to retain more experienced staff since they are harder to acquire than less experienced ones. Thus, the income of the household does not include amounts received by individuals who were members of the household during all or part of the past 12 months if these individuals no longer resided in the household at the time of interview. The figures provided here are averages of numbers. Mandarin, Cantonese) (47,988 households). The Department of Numbers contextualizes public data so that individuals can form independent opinions on everyday social and economic matters. The following example is for demonstrating purposes only. In 2020, Western Upper Peninsula PUMA, MI had a population of 170k people with a median age of 42.8 and a median household income of $49,255. Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. 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. Median household income (in 2021 dollars), 2017-2021: $63,202: People; Population. Some companies offer upgraded packages to their staff instead of cash money. As of 2020, 96.8% of Michigan residents were US citizens, which is higher than the national average of 93.4%. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Show sources information . Statista. Use the dropdown to filter by race/ethnicity. If your wage is between the average and the median, then things can be a bit complicated. In 2020 there were 502,036 students enrolled in Michigan, 43% men and 57% women. The workforce of Michigan in 2020 was 4,449,445 people, with 48.2% woman, and 51.8% men. The most common educational levels obtained by the working population of Michigan in 2020 were High School or Equivalent (2.28M), Some college (1.97M), and Bachelors Degree (1.34M). However, the composition of most households was the same during the past 12 months as at the time of interview. 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. 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. The median household income for Novi Township in Oakland County was $175,625, while Highland Park had a median household income of $17,550, according to the Census Bureau's five-year average for . This visualization shows the gender distribution of the population according to the academic level reached. Residents aged 25 to 44 earn $70,251, while those between 45 and 64 years old have a median wage of $76,804. We and our partners use cookies to Store and/or access information on a device. An official website of the United States government. People in Michigan have an average commute time of 24.6 minutes, and they drove alone to work. By gender, of the total number of insured persons, 48.3% were men and 51.7% were women. The base salary in Michigan ranges from 72,400 USD to 152,000 USD. The Public Use Microdata Areas (PUMA) with the highest resident population were Carr 2-Carr 111 PUMA, PR (149,549 people), Carr 2 (Noroeste) PUMA, PR (115,778 people), and Carr 2-Carr 100 PUMA, PR (123,359 people). This is expected to increase 81.2% to $1.16T by 2050. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). From 2014 to 2021, the indicator declined 2.11%. YouTubes privacy policy is available here and YouTubes terms of service is available here. Dollars). This data is critical for government programs, policies, and decision-making. This is because the width of the income interval containing the estimate is greater than $1,000. The largest industries in Michigan are Motor vehicles & motor vehicle equipment manufacturing (355,679 people), Restaurants & Food Services (300,850 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (256,716 people), and the highest paying industries are Internet publishing, broadcasting & web search portals ($146,702), Securities, commodities, funds, trusts & other financial investments ($109,155), and Software publishing ($105,460). The PRCS is part of the Census Bureau's ACS, customized for Puerto Rico. 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. Please note that new Connecticut county level geographies are not availabe within the map. Granted upon achieving an important goal or milestone. A more detailed explanation of margins of error and a demonstration of how to use them is provided below. People tend to confuse bonuses with commissions. dollars)." All rights reserved (About Us). These 89,787 degrees mean that there were 7.06 times more degrees awarded to White students then the next closest race/ethnicity group, Black or African American, with 12,721 degrees awarded. The minimum pay rate per hour for a person in Michigan is 13 USD. Average incomes by state range from $41,776 in Mississippi to $88,702 in the District of Columbia. Change in salary based on education varies drastically from one location to another and depends hugely on the career field as well. 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. Privacy policy. 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. Earning a Master's degree or any post-graduate qualification in United States is a substantial financial commitment, with tuition fees ranging from 39,500 USD to 118,000 USD and a duration of around two years. The median household income for Lake Angelus was $214,375, while Highland Park, which is in Wayne County, had a median household income of $18,474, according to the Census Bureaus five-year average for 2015-19. Michigan borders Illinois, Indiana, Minnesota, Ohio, and Wisconsin. Contact [emailprotected] if you have any questions, comments or suggestions. In 2020, the institution with the largest number of graduating students was University of Michigan-Ann Arbor with 15,263 degrees awarded. Hospitalization data for some states may be delayed or not reported. Also from the diagram, 75% of the population earn less than 152,000 USD while 25% earn more than that. Salaried employees are usually exempt from overtime as opposed to hourly paid staff. Sampling error is the uncertainty between an estimate based on a sample and the corresponding value that would be obtained if the estimate were based on the entire population (as from a census). Listed above are the average annual increase rates for each industry in United States for the year 2022. In the 2020 presidential election, the most partisan county in Michigan was Missaukee County, MI with 75.9% of the vote going to Donald J. Trump running for the Republican Party. Click the Quick Info icon to the left of each row in TABLE view to learn about sampling error. Privacy Policy. > Median household income: $54,702 (state: $61,847) Sponsored: Find a Qualified Financial Advisor Finding a qualified financial advisor doesn't have to be hard. 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. US Census Bureau. The median household income in Detroit, MI in 2021 was $36,140, which was 75.7% less than the median annual income of $63,498 across the entire state of Michigan. In 2020, the most common non-English language spoken in households in Michigan was Spanish. The median tuition costs in Michigan are $28,095 for private four year colleges, and $12,296 and $17,504 respectively, for public four year colleges for in-state students and out-of-state students. The chart below shows how the median household income in Michigan compares to that of it's neighboring and parent geographies. In this post, find household income by state and individual income by state statistics for the United States in 2022.Find all your favorite summary statistics: average income by state for households or individual workers, plus the median income and top 1% income. 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. please see the Vintage 2022 release notes available here: Release Notes. Releases > Income and Poverty in the United States > Release Tables. July 13, 2023. Federal Reserve Bank of St. Louis; The median income for married couples was $90,008, up from $86,224 in 2018. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. 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). [Online]. Profit from the additional features of your individual account. Change in salary based on experience varies drastically from one location to another and depends hugely on the career field as well. Explore, map, compare, and download U.S. data, The 3 PUMAS with the highest resident population. The 5 largest ethnic groups in Michigan are White (Non-Hispanic) (74.5%), Black or African American (Non-Hispanic) (13.5%), Asian (Non-Hispanic) (3.16%), White (Hispanic) (3.08%), and Two+ (Non-Hispanic) (2.95%). Show dollars as: Nominal Real@media(min-width:0px){#div-gpt-ad-deptofnumbers_com-box-4-0-asloaded{max-width:336px!important;max-height:280px!important}}if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[336,280],'deptofnumbers_com-box-4','ezslot_15',123,'0','0'])};__ez_fad_position('div-gpt-ad-deptofnumbers_com-box-4-0'); The current median family income for Michigan is $80,523. Explore resources provided by the Research Division at the Federal Reserve Bank of St. Louis. In the 2020 presidential election, the popular vote in Michigan went to Joseph R Biden Jr. with 50.6% of the vote. Household Income in Michigan (State) Household Income Percentiles #1 Scope: households in the United States and Michigan Michigan United States $0k $50k $100k $150k $200k % 95th Percentile 80th Percentile 60th Percentile Median 40th Percentile 20th Percentile $179.5k 353% $100.6k 198% $63.2k 124% $50.8k 100% $40.1k 79.0% $21.2k 41.7% % secure websites. ", US Census Bureau, Median household income in Michigan from 1990 to 2021 (in current U.S. dollars) Statista, https://www.statista.com/statistics/205953/median-household-income-in-michigan/ (last visited July 13, 2023), Median household income in Michigan from 1990 to 2021 (in current U.S. dollars) [Graph], US Census Bureau, August 18, 2022. The average annual household income in Michigan is $85,727, while the median household income sits at $63,202 per year. Salaried jobs pay a fixed amount regardless of the hours worked. This represents a 8.45% increase in employment when compared to May 2020. The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.
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