Concord, MI Employment - Median Household Income, Unemployment Rate

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B-

20%

Income/capita NAT. AVG.

6%

Household income NAT. AVG.

60%

Unemployment NAT. AVG.

Index	Concord	Michigan	National
Income per capita	$23,883	$27,549	$29,829
Median household income	$58,482	$50,803	$55,322
Median income owner occupied	$64,531	$62,251	$70,586
Median income renter occupied	$40,000	$28,598	$35,192
Median earnings male	$40,625	$35,730	$36,919
Median earnings female	$25,515	$22,948	$26,250
Unemployment rate	1.9%	5.2%	4.7%
Poverty level	8.2%	16.3%	15.1%

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Key findings

The income per capita in Concord is 20% lower than the national average
The median household income in Concord is 6% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Concord is 60% lower than the national average
The poverty level in Concord is 46% lower than the national average

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am i middle class

$38,984 $58,482 $116,964

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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Concord median earnings by income bracket

Concord employment by industry

Labour Type	Male	Female
Construction industry	7.7%	7.7%
Manufacturing sector	34.7%	34.7%
Financial & insurance services	0.0%	0.0%
Wholesale & retail services	10.3%	10.3%
Public administration	8.1%	8.1%
Transportation, warehousing & utilities	4.4%	4.4%
Education, health & social services	10.7%	10.7%
Other	10.3%	10.3%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Parma, MI	538	$63,333	14.5%
Spring Arbor, MI	2,204	$61,655	11.4%
North Adams, MI	540	$50,469	8.8%
Hanover, MI	441	$49,583	10.4%
Springport, MI	848	$48,833	11.7%
Concord, MI	1,153	$58,482	5.7%

Cities with similar population

City	Population	Household Income	National Avg.
Woodbury Center, CT	1,153	$67,978	22.9%
Weeki Wachee Gardens, FL	1,153	$18,438	66.7%
Malvern, IA	1,153	$75,341	36.2%
Assumption, IL	1,153	$46,563	15.8%
Trappe, MD	1,153	$63,819	15.4%
Concord, MI	1,153	$58,482	5.7%

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