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What do people make in Michigan?

What do people make in Michigan?

Average Salary in Michigan

Annual Salary Hourly Wage
Top Earners $79,369 $38
75th Percentile $65,259 $31
Average $59,093 $28
25th Percentile $43,653 $21

What are the most common jobs in Michigan?

The 33 most common jobs in Michigan and their average pay

  • Light truck and delivery service drivers.
  • Accountants and auditors.
  • Machinists.
  • Production inspectors, testers, sorters, samplers and weighers.
  • Restaurant kitchen or wait staff supervisors.
  • Landscaping and groundskeeping workers.

What salary do you need to live in Michigan?

Families with two adults and two children in the Detroit-Livonia-Warren metro need an annual income of $79,308 – or $6,609 per month – to live comfortably, according to the Economic Policy Institute.

What job makes the most money 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 jobs are in demand in Michigan?

These 10 jobs are expected to grow most in Michigan by 2028

  • Personal care aides.
  • Registered nurses.
  • Combined food preparation and serving workers, including fast food.
  • Home health aides.
  • Software developers, applications.
  • Market research analysts and marketing specialists.
  • Industrial engineers.
  • Helpers – production workers.

Is $17 an hour a livable wage?

When we ran all of our numbers to figure out how much is $17 per hour is as an annual salary, we used the average working day of 40 hours a week….$17 Per Hour is…

$17 per Hour – Full Time Total Income
Weekly (40 Hours) $680
Bi-Weekly (80 Hours) $1,360
Daily Wage (8 Hours) $136
Net Estimated Monthly Income $2,250

Is Michigan a good place to live?

Even Popular Science magazine has given it a seal of approval by noting that Michigan will be the best place to live in America by the year 2100. But its draw extends beyond the natural charm. Well-paying jobs and high-quality education are a recurrent theme in Michigan.

How much money do I need to live comfortably in Michigan?

Typical Expenses

0 Children 0 Children
Required annual income after taxes $23,194 $37,772
Annual taxes $5,160 $8,404
Required annual income before taxes $28,354 $46,176

Is Michigan a cheap state to live in?

With weather that encompasses the entirety of the four seasons, Michigan is a beautiful and populous state with plenty to see and do for tourists and locals alike. It’s also a very affordable state in which to live, with an income tax of 4.5% and a state tax of 6% (as of October 2020).

Whats a good salary in Michigan?

The average Michigan family needs $52,330 a year to ‘make ends meet’

Is 60000 a good salary?

Is $60,000 a Year a Good Salary? If you have a salary or income of $60,000, it means you’re making 5 figures a year. While you may be an average earner with such an annual income, it’s possible to live on it comfortably. In fact, many lower earners dream to make such an amount.

Is 75k a good salary?

According to the census, the national average household income in 2019 was $68,703. A living wage would fall below this number while an ideal wage would exceed this number. Given this, a good salary would be $75,000. In other words, a $75,000 salary would cover the basic necessities in even the priciest of areas.

What kind of jobs do people have in Michigan?

The most common employment sectors for those who live in Michigan, are Motor vehicles & motor vehicle equipment manufacturing (360,218 people), Restaurants & Food Services (299,659 people), and Hospitals (268,526 people).

How many people live in the state of Michigan?

Michigan is home to a population of 9.99M people, from which 96.8% are citizens. As of 2019, 10.9% of Michigan residents were born outside of the country (1.09M people). In 2019, there were 5.52 times more White (Non-Hispanic) residents (7.46M people) in Michigan than any other race or ethnicity.

What is the average income inequality in Michigan?

The income inequality in Michigan (measured using the Gini index) is 0.473, which is lower than than the national average. The economy of Michigan employs 4.56M people.

Who are the people living below the poverty line in Michigan?

The most common racial or ethnic group living below the poverty line in Michigan is White, followed by Black and Hispanic. The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished.

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