What Is The Median Household Income In Ann Arbor Michigan?

Table

Population
Mean travel time to work (minutes), workers age 16 years+, 2016-2020 19.7
Income & Poverty
Median household income (in 2020 dollars), 2016-2020 $69,456
Per capita income in past 12 months (in 2020 dollars), 2016-2020 $44,710

What is a good household income in Michigan?

In the nation as a whole, the richest 20% of households earn at least $131,350 annually, according to the analysis. And to be in the top 5% of income earners in Michigan, households need to make at least $209,099 per year. The state’s current median household income stands at $59,584 annually, the report says.

What percentage of Ann Arbor is black?

7.01%
Ann Arbor Demographics
According to the most recent ACS, the racial composition of Ann Arborwas: White: 69.52% Asian: 17.40% Black or African American: 7.01%

Which areas in Michigan have the highest average income?

Michigan counties by per capita income

Rank County Median household income
1 Oakland $85,991
2 Leelanau $56,527
3 Livingston $72,129
4 Washtenaw $59,065

What city in Michigan has the highest per capita income?

In addition to Lake Angelus, the top cities and townships with the highest median household income were Orchard Lake Village ($182,273), Bloomfield Hills ($178,894), Grosse Pointe Shores ( $161,944) and Webster Township in Washtenaw County ($146,836).

What salary is considered 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 is a livable salary in Michigan?

Living Wage Calculation for Michigan

1 ADULT 2 ADULTS (BOTH WORKING)
0 Children 2 Children
Living Wage $16.36 $26.43
Poverty Wage $6.19 $6.37
Minimum Wage $9.87 $9.87
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What is the average cost of living in Ann Arbor Michigan?

Ann Arbor cost of living is 117.5

COST OF LIVING Ann Arbor Michigan
Housing 164.2 65.5
Median Home Cost $418,300 $207,800
Utilities 99.3 100.1
Transportation 100.1 115.1

Is Ann Arbor expensive?

Ann Arbor, Michigan’s cost of living is 5% higher than the national average. The cost of living in any area can vary based on factors such as your career, its average salary and the real estate market of that area.

What is Ann Arbor famous for?

The city of Ann Arbor is home to the University of Michigan and the largest football stadium in the U.S. known as “The Big House.” The annual Art Fair is the largest juried art fair in the nation, showcasing over 1,000 artists each year in July.

What is the poorest city in Michigan?

Flint was ranked the poorest city in Michigan in a 24/7 Wall St.
The Center Square.

Poorest City Pueblo
Median Household Income $40,450
Poverty Rate 23.5%
Median Home Value $141,000
Population 110,841

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.

Who is the richest woman in Michigan?

Marian Ilitch – Net Worth: $3.7 billion.

Where do millionaires live in Michigan?

The small town of Bloomfield Hills, a northern suburb of Detroit, is the wealthiest city in the state of Michigan. The population is just under 4,000. The average income is $170,000 and the median house value is $580,000. There are also homes worth millions located in Bloomfield Hills.

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What is considered upper middle class in Michigan?

This post answers the question “What are Michigan’s top ten upper middle class occupations?” Where we define upper middle class as jobs that pay at least $70,539. Our calculation of what it takes to be upper middle class for a three person household.

What is the average hourly wage in Michigan?

$30
Average Salary in Michigan

Annual Salary Hourly Wage
Top Earners $89,303 $43
75th Percentile $66,977 $32
Average $63,053 $30
25th Percentile $44,205 $21

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 the richest zip code in Michigan?

49060
10 Richest Michigan Zip Codes

Rank Zip Code Mean Income
1 49060 $327,215
2 48301 $213,167
3 48302 $209,294
4 48009 $206,818

How much are teachers paid in Michigan?

The average teacher salary in Michigan is $61,978.

What is the highest paid job in Michigan?

Detailed List Of Highest Paying Jobs In Michigan

Rank Job Title Average Salary
1 Consultant And Sales Representative $221,460
2 Pain Management Physician $197,971
3 President/chief Executive Officer $192,342
4 Executive Vice President Of Sales $191,007

What is the poverty line in Michigan for a family of 2?

$26,130
The following are the current eligibility criteria for Michigan potential Lifeline customers after January 1, 2020.
Who is eligible for the Michigan Lifeline program?

150% of 2021 Poverty Guideline
Number of Household Members Annual Income (AGI)
2 $26,130
3 $32,940
4 $39,750