Boyne Falls, MI Employment - Median Household Income, Unemployment Rate

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D

16%

Income/capita NAT. AVG.

33%

Household income NAT. AVG.

76%

Unemployment NAT. AVG.

Index	Boyne Falls	Michigan	National
Income per capita	$24,976	$27,549	$29,829
Median household income	$37,054	$50,803	$55,322
Median income owner occupied	$50,938	$62,251	$70,586
Median income renter occupied	$26,500	$28,598	$35,192
Median earnings male	$33,958	$35,730	$36,919
Median earnings female	$26,528	$22,948	$26,250
Unemployment rate	1.1%	5.2%	4.7%
Poverty level	16.4%	16.3%	15.1%

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Key findings

The income per capita in Boyne Falls is 16% lower than the national average
The median household income in Boyne Falls is 33% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Boyne Falls is 76% lower than the national average
The poverty level in Boyne Falls is 9% higher than the national average

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am i middle class

$24,700 $37,054 $74,108

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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Boyne Falls median earnings by income bracket

Boyne Falls employment by industry

Labour Type	Male	Female
Construction industry	5.3%	5.3%
Manufacturing sector	35.5%	35.5%
Financial & insurance services	0.0%	0.0%
Wholesale & retail services	6.6%	6.6%
Public administration	5.3%	5.3%
Transportation, warehousing & utilities	11.8%	11.8%
Education, health & social services	7.9%	7.9%
Other	27.6%	27.6%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Advance, MI	372	$97,500	76.2%
Walloon Lake, MI	310	$70,391	27.2%
Alba, MI	455	$69,000	24.7%
Horton Bay, MI	450	$62,404	12.8%
Petoskey, MI	5,701	$58,197	5.2%
Boyne Falls, MI	343	$37,054	33.0%

Cities with similar population

City	Population	Household Income	National Avg.
Terril, IA	343	$34,107	38.3%
Friendship, MD	343	$97,721	76.6%
Leonard, MI	343	$59,583	7.7%
Remer, MN	343	$21,528	61.1%
Rushmore, MN	343	$40,833	26.2%
Boyne Falls, MI	343	$37,054	33.0%

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