Dollar Bay employment information

IndexDollar BayMichiganNational
Income per capita$20,024$27,549$29,829
Median household income$40,625$50,803$55,322
Median income owner occupied$51,250$62,251$70,586
Median income renter occupied$17,333$28,598$35,192
Median earnings male$42,404$35,730$36,919
Median earnings female$15,583$22,948$26,250
Unemployment rate1.6%5.2%4.7%
Poverty level14.6%16.3%15.1%
The Dollar Bay, 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 Dollar Bay is $20,024, which is 27% lower than than the Michigan average and 33% lower than than the national average. The median household income is $40,625, which is 20% lower than than the Michigan average and 27% lower than than the national average. The unemployment rate in Dollar Bay is 2%, which is 66% lower than than the national average. The poverty rate in Dollar Bay is 15% which is 4% lower than than the national average.

am i middle class

$Input your household income
$27,080$40,625$81,250
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 Dollar Bay is 33% lower than the national average.
  • The median household income in Dollar Bay is 27% lower than the national average.
  • Male median earnings are 41% higher than female median earnings.
  • The unemployment rate in Dollar Bay is 66% lower than the national average.
  • The poverty level in Dollar Bay is 4% lower than the national average.

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Compare Dollar Bay, MI Employment To Other Cities

Employment status

Hours worked per week

Dollar Bay median earnings by income bracket

Dollar Bay employment by industry

Labour TypeMaleFemale
Construction industry7.2%3.8%
Manufacturing sector5.4%3.2%
Financial & insurance services5.4%12.4%
Wholesale & retail services9.6%31.7%
Public administration17.4%6.5%
Transportation, warehousing & utilities0.0%0.0%
Education, health & social services26.3%24.7%
Other28.7%13.4%

Nearby cities with high median household income

City, StatePopulationHousehold IncomeNational Avg.
Hubbell, MI1,025$41,40625%
Laurium, MI2,007$36,70134%
Hancock, MI4,596$35,69835%
Copper City, MI255$33,75039%
Lake Linden, MI1,157$29,44447%
Dollar Bay, MI783$40,62527%

Cities with similar population

City, StatePopulationHousehold IncomeNational Avg.
Jonesburg, MO783$36,67934%
Morley, MO783$36,70534%
Stony Creek Mills, PA783$38,58030%
Bunnlevel, NC783$50,0969%
Forest View, IL783$57,9815%
Dollar Bay, MI783$40,62527%
Source: The Dollar Bay, MI employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).