C
19%
Income/capita NAT. AVG.
12%
Household income NAT. AVG.
40%
Unemployment NAT. AVG.
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IndexAlgonacMichiganNational
Income per capita$24,053$27,549$29,829
Median household income$48,925$50,803$55,322
Median income owner occupied$58,958$62,251$70,586
Median income renter occupied$32,019$28,598$35,192
Median earnings male$40,156$35,730$36,919
Median earnings female$23,571$22,948$26,250
Unemployment rate2.8%5.2%4.7%
Poverty level14.8%16.3%15.1%
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Key findings

  • The income per capita in Algonac is 19% lower than the national average
  • The median household income in Algonac is 12% lower than the national average
  • Male median earnings are 41% higher than female median earnings
  • The unemployment rate in Algonac is 40% lower than the national average
  • The poverty level in Algonac is 2% lower than the national average

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      am i middle class

      $
      Input your household income
      $32,613 $48,925 $97,850
      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.

      Algonac median earnings by income bracket

      Algonac employment by industry

      Labour TypeMaleFemale
      Construction industry21.5%21.5%
      Manufacturing sector24.0%24.0%
      Financial & insurance services2.7%2.7%
      Wholesale & retail services15.8%15.8%
      Public administration1.1%1.1%
      Transportation, warehousing & utilities5.7%5.7%
      Education, health & social services6.2%6.2%
      Other23.0%23.0%

      Nearby cities with high median household income

      City Population Household Income National Avg.
      New Baltimore, MI12,333$83,76751.4%
      St. Clair, MI5,354$82,67449.4%
      Pearl Beach, MI5,395$61,87011.8%
      New Haven, MI4,856$55,8771.0%
      Richmond, MI5,851$54,8010.9%
      Algonac, MI4,057$48,92511.6%

      Cities with similar population

      City Population Household Income National Avg.
      Chester, NY4,057$72,43130.9%
      Bellaire, OH4,057$29,05247.5%
      Newcomerstown, OH4,058$43,62721.1%
      Livingston, TN4,058$30,19845.4%
      Forty Fort, PA4,055$65,27418.0%
      Algonac, MI4,057$48,92511.6%
      Source: The Algonac, MI employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).