Elk Rapids, MI Employment - Median Household Income, Unemployment Rate

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B

32%

Income/capita NAT. AVG.

11%

Household income NAT. AVG.

100%

Unemployment NAT. AVG.

Index	Elk Rapids	Michigan	National
Income per capita	$59,032	$40,534	$44,883
Median household income	$90,142	$74,200	$81,333
Median income owner occupied	$96,390	$92,757	$106,172
Median income renter occupied	$72,812	$42,775	$52,080
Median earnings male	$50,567	$52,653	$54,343
Median earnings female	$39,399	$34,413	$38,439
Unemployment rate	0.0%	5.5%	4.9%
Poverty level	7.3%	16.3%	15.1%

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Homes For Sale In Elk Rapids, MI

8618 Partridge Trl

Elk Rapids, MI

6386 Tricks Way

Kewadin, MI

110 Ames St #12

Elk Rapids, MI

609 Spruce St

Elk Rapids, MI

Key findings

The income per capita in Elk Rapids is 32% higher than the national average
The median household income in Elk Rapids is 11% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Elk Rapids is 100% lower than the national average
The poverty level in Elk Rapids is 52% lower than the national average

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am i middle class

$60,088 $90,142 $180,284

City

$49,461 $74,200 $148,400

State

$54,216 $81,333 $162,666

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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Elk Rapids median earnings by income bracket

Elk Rapids employment by industry

Labour Type	Male	Female
Construction industry	13.7%	13.7%
Manufacturing sector	8.8%	8.8%
Financial & insurance services	2.1%	2.1%
Wholesale & retail services	20.7%	20.7%
Public administration	3.6%	3.6%
Transportation, warehousing & utilities	2.6%	2.6%
Education, health & social services	7.5%	7.5%
Other	38.6%	38.6%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Suttons Bay, MI	719	$139,929	72.0%
Greilickville, MI	1,822	$100,543	23.6%
Omena, MI	148	$91,550	12.6%
Traverse City, MI	16,116	$90,818	11.7%
Rapid City, MI	1,532	$82,500	1.4%
Elk Rapids, MI	1,569	$90,142	10.8%

Cities with similar population

City	Population	Household Income	National Avg.
Lookout Mountain, AL	1,569	$56,360	30.7%
Paonia, CO	1,569	$75,759	6.9%
Cypress Quarters, FL	1,569	$47,874	41.1%
Wickerham Manor-Fisher, PA	1,569	$103,225	26.9%
Salem, AR	1,568	$36,030	55.7%
Elk Rapids, MI	1,569	$90,142	10.8%

Source: The Elk Rapids, MI employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.