Parchment, MI Employment - Median Household Income, Unemployment Rate

C-

4%

Income/capita NAT. AVG.

5%

Household income NAT. AVG.

23%

Unemployment NAT. AVG.

Index	Parchment	Michigan	National
Income per capita	$28,541	$27,549	$29,829
Median household income	$52,386	$50,803	$55,322
Median income owner occupied	$81,211	$62,251	$70,586
Median income renter occupied	$33,977	$28,598	$35,192
Median earnings male	$43,700	$35,730	$36,919
Median earnings female	$30,747	$22,948	$26,250
Unemployment rate	3.6%	5.2%	4.7%
Poverty level	14.7%	16.3%	15.1%

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Key findings

The income per capita in Parchment is 4% lower than the national average
The median household income in Parchment is 5% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Parchment is 23% lower than the national average
The poverty level in Parchment is 3% lower than the national average

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am i middle class

$34,920 $52,386 $104,772

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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Parchment median earnings by income bracket

Parchment employment by industry

Labour Type	Male	Female
Construction industry	14.2%	14.2%
Manufacturing sector	28.3%	28.3%
Financial & insurance services	0.0%	0.0%
Wholesale & retail services	12.9%	12.9%
Public administration	7.9%	7.9%
Transportation, warehousing & utilities	6.5%	6.5%
Education, health & social services	14.8%	14.8%
Other	15.4%	15.4%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Hickory Corners, MI	161	$80,417	45.4%
Delton, MI	596	$77,019	39.2%
Richland, MI	877	$71,042	28.4%
Portage, MI	49,224	$66,571	20.3%
Mattawan, MI	2,567	$65,368	18.2%
Parchment, MI	1,887	$52,386	5.3%

Cities with similar population

City	Population	Household Income	National Avg.
Sulligent, AL	1,887	$22,159	59.9%
Kualapuu, HI	1,887	$44,688	19.2%
Shippensburg University, PA	1,887	$17,067	69.1%
Colfax, IA	1,886	$71,719	29.6%
Memphis, MO	1,886	$38,173	31.0%
Parchment, MI	1,887	$52,386	5.3%

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