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 comfortable salary in Michigan?
Living Wage Calculation for Michigan
| 1 ADULT | 2 ADULTS (1 WORKING) | |
|---|---|---|
| 0 Children | 3 Children | |
| Living Wage | $16.36 | $38.88 |
| Poverty Wage | $6.19 | $14.92 |
| Minimum Wage | $9.87 | $9.87 |
Whats considered a high paying salary?
A $80k salary is considered to be significantly above average and is an upper-middle-class salary. You can comfortably on that salary in any state. $56,000 is the average household salary in the US. Moreover, an individual income of $80,000 puts you in the top 25% of earners in the US.
What is a good annual salary for a single person 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 the average annual 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 middle class income 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 upper class in Detroit?
If you make at least $52,498 in Detroit, you’re considered rich.
Is the cost of living in Michigan high?
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.
How much should I be making at 27?
What was the average and median income by age in 2021?
| Age | 25% | Median |
|---|---|---|
| 26 | $20,804.00 | $35,000.00 |
| 27 | $23,660.00 | $40,000.00 |
| 28 | $25,000.00 | $39,005.00 |
| 29 | $24,615.00 | $41,085.00 |
Is 125k a year a good salary?
$120k per year is a good salary and should mean that most people could live a comfortable life with enough spare income for treats and enjoyment. However, your lifestyle could still surpass your income, so it is important to get financial guidance if you feel you are going to struggle.
How much does the average 30 year old make?
Average Salary for Ages 25-34
For Americans ages 25 to 34, the median salary is $960 per week, or $49,920 per year. That’s a big jump from the median salary for 20- to 24-year-olds.
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 is the highest paying job without college?
Here are the highest paying jobs without a college degree:
- Patrol Officer.
- Executive Assistant.
- Sales Representative.
- Flight Attendant.
- Electrician.
- Plumber.
- Wind Turbine Technician.
How much do teachers make in Michigan 2021?
So we wanted to know: what’s going on with teacher pay in the state? As a starting point, we have the average teacher salary in Michigan. The state Department of Education puts it at $61,978.
What is considered upper middle class?
A family earning between $32,048 and $53,413 was considered lower-middle class. For high earners, a three-person family needed an income between $106,827 and $373,894 to be considered upper-middle class, Rose says. Those who earn more than $373,894 are rich.
What percentage of America makes over 100k?
The individual annual income of 24% of Americans exceeded $100,000 in 2020. The annual income of 34% of American households exceeds $100,000. In the five years to 2022, American households earning over $100,000 a year increased by 4.1%.
What is the poorest town in Michigan?
Flint was ranked the poorest city in Michigan in a 24/7 Wall St. analysis examining U.S. municipalities where households earn less than the nation’s median annual household income of $65,712.
The Center Square.
| State | Michigan |
|---|---|
| Poorest City | Flint |
| Median Household Income | $28,834 |
| Poverty Rate | 38.8% |
| Median Home Value | $29,500 |
What is a good salary in Detroit?
A person working in Detroit typically earns around 103,000 USD per year. Salaries range from 26,100 USD (lowest average) to 461,000 USD (highest average, actual maximum salary is higher). This is the average yearly salary including housing, transport, and other benefits.
What is the 1% in Michigan?
An annual income of $435,271 puts you in the top 1% of earners in Michigan. Bring in at least $435,271 in yearly income, and you’ll be among the top 1 percent of earners in Michigan, according to a 24/7 Wall St. analysis of the ultra wealthy in every state.