The average salary in Grand Rapids is $43,936. A good hourly wage in Grand Rapids is $18.27 per hour. That works out to a good weekly wage of $730 per week and a good monthly wage of $3,166 per month.
What is a good annual salary in Michigan?
While ZipRecruiter is seeing salaries as high as $136,635 and as low as $18,754, the majority of salaries within the Average jobs category currently range between $44,205 (25th percentile) to $66,977 (75th percentile) with top earners (90th percentile) making $89,303 annually in Michigan.
What is a high salary in Michigan?
In Michigan, households must earn a minimum of $115,802 per year to be among the top one-fifth of the state’s income earners, according to a new 24/7 Wall St. analysis examining the threshold of “richness” in all 50 states.
What is a good starting salary in Michigan?
$22,325 is the 25th percentile. Salaries below this are outliers. $35,274 is the 75th percentile.
How much does it take to live comfortably in Michigan?
On average in Michigan, a family with two preschool children needs an average minimum income of $2,580 to $4,722 a month to pay for basic necessities, the report says. The $2,580 is for a two-parent family with one stay-at-home parent.
What is middle income in Michigan?
Based on the U.S. median income of $59,039 in 2016, that means Michigan’s middle-class income for a single adult who lives alone is between $22,561 and $67,344, while the range is $45,120 to $134,689 for a household of four.
What is a good paying job in Michigan?
25 of the highest paying jobs in Michigan
- Director of marketing. Average salary: $72,425 per year.
- Truck driver. Average salary: $75,458 per year.
- Manufacturing engineer. Average salary: $84,998 per year.
- Videographer. Average salary: $98,164 per year.
- Architect.
- Biomedical engineer.
- Psychiatric nurse.
- Nurse practitioner.
What is considered low income for a single person in Michigan?
They become “very low-income” at $34,900 or less and “extremely low-income” at $20,950 or less. In Ann Arbor, these numbers rise to $64,400, $42,100 and $25,250, respectively, taking into account differences in local median income.
What is the average family income in Michigan?
Table
| Population | |
|---|---|
| Mean travel time to work (minutes), workers age 16 years+, 2016-2020 | 24.6 |
| Income & Poverty | |
| Median household income (in 2020 dollars), 2016-2020 | $59,234 |
| Per capita income in past 12 months (in 2020 dollars), 2016-2020 | $32,854 |
What is the cost of living in Grand Rapids?
What is the average cost of living in Grand Rapids, MI? The average cost of living in Grand Rapids, MI, is $1929 per month. Grand Rapids is the second-largest city in the state of Michigan. It is a city on the Grand River, east of Lake Michigan.
What is middle class in Michigan?
How Much Income Do You Need in Michigan To Be Considered Middle Class. The median average income in Michigan is $59,584.
What salary makes you happy?
Globally, the study found that the ideal income point for an individual is $95,000 for life satisfaction and between $60,000 to $75,000 for emotional well-being. In North America, the individual income level for life satisfaction was found to be $105,000 per year.
How much are teachers paid in Michigan?
The average teacher salary in Michigan is $61,978.
What salary is upper class?
In 2021, the median household income is roughly $68,000. An upper class income is usually considered at least 50% higher than the median household income. Therefore, an upper class income in America is $100,000 and higher.
What is considered upper class?
According to a 2018 study by Pew Research Center, 19% of American adults were part of upper-class households. These families earned a median income of $187,872 in 2016, compared to 52% who made up the middle class and 29% who made up the lower class.
What is the richest zip code in Michigan?
| List of 25 Wealthiest Zipcodes in Michigan | ||
|---|---|---|
| Rank | Zipcode | Zip Name |
| 1 | 48304 | Bloomfield Hills |
| 2 | 48009 | Birmingham |
| 3 | 48302 | Bloomfield Hills |
What jobs are in high demand in Michigan?
Fastest Growing Careers in Michigan
- Industrial Mechanic.
- Millwright.
- Machinist.
- Mechanical Engineer.
- Engineer.
- Contact Lens Technician.
- Mechanic.
- Tractor Operator.
What job pays the most without a degree?
Here are the highest paying jobs without a college degree:
- Patrol Officer.
- Executive Assistant.
- Sales Representative.
- Flight Attendant.
- Electrician.
- Plumber.
- Wind Turbine Technician.
Is Michigan cheap to live?
Nationally, Michigan ranks fourth among states for the lowest cost of living, at about 10% below the national average, with communities like Detroit and Grand Rapids also ranking among the top regions internationally for housing affordability.
Is Michigan a poor state?
From the 2022 edition of Rich States, Poor States.
Current Economic Outlook Ranks (2022 Edition)
| State | 2022 Ranking |
|---|---|
| Michigan | 17th |
| New Hampshire | 18th |
| Ohio | 19th |
| Louisiana | 20th |
What’s considered poverty level in Michigan?
Who is eligible for the Michigan Lifeline program?
| 135% of 2021 Poverty Guideline | |
|---|---|
| Number of Household Members | Annual Income (AGI) |
| 1 | $17,388 |
| 2 | $23,517 |
| 3 | $29,646 |