Elk Rapids employment information

IndexElk RapidsMichiganNational
Income per capita$29,860$26,143$28,555
Median household income$42,011$49,087$53,482
Median income owner occupied$49,821$60,317$68,142
Median income renter occupied$25,795$26,554$33,219
Median earnings male$31,625$34,444$36,116
Median earnings female$12,778$22,340$25,692
Unemployment rate3.0%7.0%5.8%
Poverty level12.7%16.9%15.6%

Did you know?

  • The income per capita in Elk Rapids is 5% higher than the national average.
  • The median household income in Elk Rapids is 21% lower than the national average.
  • Male median earnings are 41% higher than female median earnings.
  • The unemployment rate in Elk Rapids is 49% lower than the national average.
  • The poverty level in Elk Rapids is 19% lower than the national average.

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Compare Elk Rapids, MI Employment To Other Cities

Employment status

Hours worked per week

Elk Rapids median earnings by income bracket

Elk Rapids employment by industry

Labour TypeMaleFemale
Construction industry8.8%3.0%
Manufacturing sector15.3%4.1%
Financial & insurance services4.6%6.6%
Wholesale & retail services14.0%15.2%
Public administration7.2%1.4%
Transportation, warehousing & utilities6.2%0.8%
Education, health & social services10.1%30.3%

Nearby cities with high median household income

City, StatePopulationHousehold IncomeNational Avg.
Omena, MI220$64,84421%
Greilickville, MI1,960$61,25015%
Suttons Bay, MI569$59,72212%
Traverse City, MI15,006$47,83611%
Alden, MI135$47,15312%
Elk Rapids, MI1,558$42,01121%

Cities with similar population

City, StatePopulationHousehold IncomeNational Avg.
Lake Mohawk, OH1,558$81,25052%
Amboy, WA1,558$49,6637%
Kingsford Heights, IN1,558$37,40030%
Ault, CO1,558$45,83314%
Ferndale, PA1,559$40,53624%
Elk Rapids, MI1,558$42,01121%
Source: The Elk Rapids, MI employment data displayed above is derived from the United States Census Bureau.