Saranac employment information

IndexSaranacMichiganNational
Income per capita$19,638$27,549$29,829
Median household income$31,976$50,803$55,322
Median income owner occupied$51,902$62,251$70,586
Median income renter occupied$15,872$28,598$35,192
Median earnings male$36,771$35,730$36,919
Median earnings female$14,474$22,948$26,250
Unemployment rate4.7%5.2%4.7%
Poverty level16.3%16.3%15.1%
The Saranac, MI employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in Saranac is $19,638, which is 29% lower than than the Michigan average and 34% lower than than the national average. The median household income is $31,976, which is 37% lower than than the Michigan average and 42% lower than than the national average. The unemployment rate in Saranac is 5%, which is 1% higher than than the national average. The poverty rate in Saranac is 16% which is 8% higher than than the national average.

am i middle class

$Input your household income
$21,315$31,976$63,952
City
$33,865$50,803$101,606
State
$36,877$55,322$110,644
Nation
According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

Did you know?

  • The income per capita in Saranac is 34% lower than the national average.
  • The median household income in Saranac is 42% lower than the national average.
  • Male median earnings are 41% higher than female median earnings.
  • The unemployment rate in Saranac is 1% higher than the national average.
  • The poverty level in Saranac is 8% higher than the national average.

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Compare Saranac, MI Employment To Other Cities

Employment status

Hours worked per week

Saranac median earnings by income bracket

Saranac employment by industry

Labour TypeMaleFemale
Construction industry11.1%0.0%
Manufacturing sector33.0%6.2%
Financial & insurance services1.6%1.9%
Wholesale & retail services15.7%17.5%
Public administration10.1%3.8%
Transportation, warehousing & utilities5.9%0.0%
Education, health & social services5.6%35.5%
Other17.0%28.4%

Nearby cities with high median household income

City, StatePopulationHousehold IncomeNational Avg.
Forest Hills, MI27,667$119,473116%
Lowell, MI3,930$61,39711%
Freeport, MI462$54,2192%
Middleville, MI3,324$48,81812%
Clarksville, MI375$47,18815%
Saranac, MI1,232$31,97642%

Cities with similar population

City, StatePopulationHousehold IncomeNational Avg.
Chauncey, OH1,232$28,00049%
Galveston, IN1,232$47,79414%
Highland Park, PA1,232$48,40613%
Mount Airy, GA1,231$41,12526%
Lake Koshkonong, WI1,233$63,43815%
Saranac, MI1,232$31,97642%
Source: The Saranac, MI employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).