Lake Fenton employment information

IndexLake FentonMichiganNational
Income per capita$41,304$27,549$29,829
Median household income$71,336$50,803$55,322
Median income owner occupied$76,490$62,251$70,586
Median income renter occupied$57,330$28,598$35,192
Median earnings male$51,687$35,730$36,919
Median earnings female$23,364$22,948$26,250
Unemployment rate2.5%5.2%4.7%
Poverty level7.4%16.3%15.1%
The Lake Fenton, 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 Lake Fenton is $41,304, which is 50% higher than than the Michigan average and 38% higher than than the national average. The median household income is $71,336, which is 40% higher than than the Michigan average and 29% higher than than the national average. The unemployment rate in Lake Fenton is 3%, which is 45% lower than than the national average. The poverty rate in Lake Fenton is 7% which is 51% lower than than the national average.
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am i middle class

$Input your household income
$47,552$71,336$142,672
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 Lake Fenton is 38% higher than the national average.
  • The median household income in Lake Fenton is 29% higher than the national average.
  • Male median earnings are 41% higher than female median earnings.
  • The unemployment rate in Lake Fenton is 45% lower than the national average.
  • The poverty level in Lake Fenton is 51% lower than the national average.

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Compare Lake Fenton, MI Employment To Other Cities

Employment status

Hours worked per week

Lake Fenton median earnings by income bracket

Lake Fenton employment by industry

Labour TypeMaleFemale
Construction industry9.4%0.0%
Manufacturing sector27.4%0.0%
Financial & insurance services5.5%5.0%
Wholesale & retail services19.2%11.9%
Public administration3.5%1.0%
Transportation, warehousing & utilities4.0%2.4%
Education, health & social services12.0%48.5%
Other14.0%21.9%

Nearby cities with high median household income

City, StatePopulationHousehold IncomeNational Avg.
Goodrich, MI1,822$75,54337%
Village of Clarkston, MI902$74,53135%
Argentine, MI2,536$73,04732%
Linden, MI3,868$59,8828%
Ortonville, MI1,734$54,8211%
Lake Fenton, MI5,386$71,33629%

Cities with similar population

City, StatePopulationHousehold IncomeNational Avg.
Dayton, KY5,385$38,51430%
Wind Lake, WI5,383$81,98748%
Hazard, KY5,383$35,48936%
Worland, WY5,383$39,90428%
Tyrone, PA5,382$40,99326%
Lake Fenton, MI5,386$71,33629%
Source: The Lake Fenton, MI employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).