Bear Lake, MI Employment - Median Household Income, Unemployment Rate

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D

14%

Income/capita NAT. AVG.

1%

Household income NAT. AVG.

3%

Unemployment NAT. AVG.

Index	Bear Lake	Michigan	National
Income per capita	$25,764	$27,549	$29,829
Median household income	$54,750	$50,803	$55,322
Median income owner occupied	$55,227	$62,251	$70,586
Median income renter occupied	$0	$28,598	$35,192
Median earnings male	$26,033	$35,730	$36,919
Median earnings female	$0	$22,948	$26,250
Unemployment rate	4.8%	5.2%	4.7%
Poverty level	18.1%	16.3%	15.1%

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Key findings

The income per capita in Bear Lake is 14% lower than the national average
The median household income in Bear Lake is 1% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Bear Lake is 3% higher than the national average
The poverty level in Bear Lake is 20% higher than the national average

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am i middle class

$36,496 $54,750 $109,500

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.

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Bear Lake median earnings by income bracket

Bear Lake employment by industry

Labour Type	Male	Female
Construction industry	0.0%	0.0%
Manufacturing sector	7.6%	7.6%
Financial & insurance services	0.0%	0.0%
Wholesale & retail services	15.2%	15.2%
Public administration	2.5%	2.5%
Transportation, warehousing & utilities	0.0%	0.0%
Education, health & social services	27.8%	27.8%
Other	46.8%	46.8%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Lakes of the North, MI	970	$53,273	3.7%
Manistee Lake, MI	527	$43,924	20.6%
Mancelona, MI	1,708	$43,504	21.4%
Kalkaska, MI	2,230	$33,167	40.0%
Grayling, MI	1,969	$27,083	51.0%
Bear Lake, MI	371	$54,750	1.0%

Cities with similar population

City	Population	Household Income	National Avg.
Farmersburg, IA	371	$41,758	24.5%
Kendrick, ID	371	$54,000	2.4%
New Point, IN	371	$53,000	4.2%
Monterey, LA	371	$0	100.0%
Clarksville, MI	371	$50,417	8.9%
Bear Lake, MI	371	$54,750	1.0%

Source: The Bear Lake, MI employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).