| Index | Shepherd | Michigan | National |
| Income per capita | $35,677 | $40,534 | $44,883 |
| Median household income | $84,179 | $74,200 | $81,333 |
| Median income owner occupied | $104,762 | $92,757 | $106,172 |
| Median income renter occupied | $41,322 | $42,775 | $52,080 |
| Median earnings male | $51,443 | $52,653 | $54,343 |
| Median earnings female | $37,759 | $34,413 | $38,439 |
| Unemployment rate | 1.4% | 5.5% | 4.9% |
| Poverty level | 9.7% | 16.3% | 15.1% |

| Labour Type | Male | Female |
| Construction industry | 4.0% | 4.0% |
| Manufacturing sector | 15.8% | 15.8% |
| Financial & insurance services | 5.4% | 5.4% |
| Wholesale & retail services | 12.1% | 12.1% |
| Public administration | 8.1% | 8.1% |
| Transportation, warehousing & utilities | 16.8% | 16.8% |
| Education, health & social services | 14.4% | 14.4% |
| Other | 21.5% | 21.5% |
| City | Population | Household Income | National Avg. |
| Beal City, MI | 266 | $86,560 | 6.4% |
| Breckenridge, MI | 1,472 | $70,478 | 13.3% |
| St. Louis, MI | 7,316 | $61,662 | 24.2% |
| Mount Pleasant, MI | 26,060 | $59,835 | 26.4% |
| Alma, MI | 9,187 | $53,708 | 34.0% |
| Shepherd, MI | 1,408 | $84,179 | 3.5% |
| City | Population | Household Income | National Avg. |
| Holstein, IA | 1,408 | $81,902 | 0.7% |
| Goodman, MS | 1,408 | $29,860 | 63.3% |
| Elverson, PA | 1,408 | $99,273 | 22.1% |
| Susquehanna Depot, PA | 1,408 | $56,102 | 31.0% |
| Beaver, WV | 1,408 | $40,429 | 50.3% |
| Shepherd, MI | 1,408 | $84,179 | 3.5% |