Ann Arbor Michigan Income Charts

This section shows the Ann Arbor Michigan economy using the most recent economic analysis from the 2020 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Ann Arbor shows it has a Median earnings of $61,538 which is less than most other places in the local area. The city with the highest median earnings per worker in the area is Barton Hills which depicts a median earnings of $205,625 (approximately 3.3 times bigger). Comparing median earnings per worker to the United States average of $49,041, Ann Arbor is 25.5% larger. Also, measured against the state of Michigan, median earnings per worker of $48,618, Ann Arbor is 26.6% larger.

In Figure 2 a more complete view of income is shown which aggregates income from all members in the household and it has a Median household income of $65,745 which is less than most other places in the greater region. The city with the highest median household income in the area is Barton Hills which shows a median income of $227,500 (approximately 3.5 times bigger). Comparing median household income to the United States average of $62,843, Ann Arbor is only about 4.6% larger. Also, versus the state of Michigan, median household income of $57,144, Ann Arbor is 15.1% larger.

The next section examines a variety of different income statistics for the Ann Arbor metropolitan area. In Figure 3 we see that it has the percentage of earnings between $75,000 and $99,999 less than most other places in the surrounding region at 12.8% of the total.

Figure 5 has the Average number of hours worked in a typical work week during the year, it has a Avg Hours Worked of 35.0 which is the second smallest in order of average hours of all the other places in the metro area. The city with the highest average hours in the area is Barton Hills which indicates an average hours of 43.6 (24.6% larger). Dividing median annual worker earnings by the average number of hours worked in a year in Figure 6 shows that it has a Avg Hrly Earnings of $33.81 which is the third most average hourly earnings of all other places in the greater Ann Arbor region. The city with the highest average hourly earnings in the area is Barton Hills which indicates an average hourly earnings of $90.70 (approximately 2.7 times bigger). Comparing average hourly earnings to the United States average of $24.31, Ann Arbor is 39.1% larger. Also, in contrast to the state of Michigan, average hourly earnings of $24.48, Ann Arbor is 38.1% larger.

Figure 7 examines the number of self employed people in the Ann Arbor metro area based on the number of people who reported any self employment income. Ann Arbor depicts it has a Self Employed of 12.5% which is the third most people self employed of all other places in the greater Ann Arbor region. The city with the highest percentage of people self employed in the area is Barton Hills which indicates a percentage self employed of 20.8% (67.1% larger).

Turning our attention to Figure 8, the median household income by age group, has the percentage of median income-under 25 years less than most other places in the metro area at $75,009 of the total. Second, it has in the mid range of other places in the local area as measured by median income-25 to 44 years at $97,920 of the total. Third, it has one of the largest proportions of median income-45 to 64 years at $65,800 of the total and is ranked #3. Only #2 Dexter ($71,111), and #1 Barton Hills ($179,375) are larger.

The next chart (Figure 11) shows the percentage of households that had retirement income over the last 12 months and it has a With Retirement Income of 13.7% which is the second smallest in order of households with retirement income of all the other places in the area. The city with the highest households with retirement income in the area is Saline which depicts a households with retirement income of 25.6% (about twice as large).

In the next chart, Figure 12, the median family income is shown for families broken down by racial group and it has one of the largest proportions of overall family income at $122,119 of the total and is ranked #2. The only larger city being Barton Hills with $250,001. Second, it has the largest proportion of white family income at $54,288 of the total and is ranked #1. Third, it has the largest proportion of black family income at $103,786 of the total and is ranked #1. Also, it has less than most other places in the local area in terms of american indian family income at $90,665 of the total. In addition, it has the largest proportion of hawaiian family income at $101,250 of the total and is ranked #1.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Ann Arbor indicates it has the hightest cost of 131.0 for the cost of housing grouping.

Ann Arbor Michigan Labor Force Charts

The next two charts look at very recent, monthly trended employment related performance using data estimated by economists at the Bureau of Labor Statistics (BLS). The BLS tracks unemployment statistics for a large number of areas throughout the country on a month to month basis. However, not every location in the U.S. is tracked by the BLS so the chart will only show the closest location available (which may be the same location.) Figure 14 shows the monthly unemployment rate for the area as well as a comparison to the overall national economy measure for the United States. Note that in March to April 2020, the Covid 19 recession or great recession occurred and affects this metric. . It depicts that from February 2010 to before the Wuhan Coronavirus Pandemic the monthly unemployment rate went from 7.0% to 1.8% in February 2020. This represents a decrease in the monthly unemployment rate of 74.3%. Since that time, the monthly unemployment rate has gone to 3.3% This represents an increase in the monthly unemployment rate of 83.3%. In Figure 15 the monthly labor force participation which are people actively looking for work are also defined as unemployed but do not include people who have given up looking for work. . It depicts that from February 2010 to before the Coronavirus Pandemic the monthly labor force participation went from 61,243 to 66,755 in February 2020. This represents an increase in the monthly labor force participation of 9.0%. Since that time, the monthly labor force participation has gone to 62,444 This represents a decrease in the monthly labor force participation of 6.5%.

The next two charts look at the annual unemployment rate/eligible for unemployment benefits and is based on the American Community survey. Figure 16 shows Ann Arbor depicts it has a Unemployment Rate of 2.4% which is in the center range of other places in the metro area. The city with the highest unemployment rate in the area is Ypsilanti which shows a rate of 5.9% (approximately 2.5 times bigger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Ann Arbor depicts it has a Labor Force Participation of 61.5% which is the second smallest when sorted by participation rate of all the other places in the metropolitan area.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Ann Arbor shows full time employees 62.2% larger as the part time employees.

The next employment related data item is shown in Figure 21 which is the percentage of families with only a single earner in the greater Ann Arbor area. Ann Arbor shows it has a Single Earner Families of 26.6% which is in the center range of other places in the metro area. The city with the highest families with a single earner in the area is Barton Hills which depicts a single earners rate of 36.7% (38.4% larger). The percentage of families with no one working is depicted in Figure 22. Ann Arbor shows it has a Families with No One Working of 11.9% which is the smallest when ranked by families with no one working of all the other places in the metropolitan area. The city with the highest families with no one working in the area is Saline which shows a families with no worker of 19.7% (66.1% larger).

Ann Arbor Michigan Poverty Charts

The next section details economy analysis about poverty for residents of the Ann Arbor community. This performance can be enhanced by government programs such as economic opportunity zone to influence manufacturing, job growth, economic opportunity an hopefully lead to economic recovery after the recent Covid 19 recession. In Figure 23 the total number of people earning less than the poverty level are shown. Ann Arbor depicts it has a Total In Poverty of 24,213 which is the largest of all places in the greater Ann Arbor region.

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Ann Arbor indicates it has a Percent of Population In Poverty of 22.3% which is the second most percent of people earning less than the poverty level of all the places in the greater Ann Arbor region. The city with the highest percent of people earning less than the poverty level in the area is Ypsilanti which depicts a percent of people in poverty of 31.6% (41.2% larger).

In Figure 25 people who are in poverty are broken out by age group. Ann Arbor has the percentage of person in poverty under 12 years the second smallest in order of person in poverty under 12 years of all the other places in the local area at 2% of the total. Second, it has the largest proportion of person in poverty 12 to 17 years at 80% of the total and is ranked #1. Third, it has the second smallest as measured by person in poverty under 12 years of all the other places in the local area as measured by person in poverty 18 to 34 years at 7% of the total. Also, it has the smallest proportion of person in poverty 35 to 54 years at 3% of the total.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Ann Arbor has the largest proportion of black poverty rate at 24% of the total and is ranked #1. Second, it has one of the largest proportions of american indian poverty rate at 31% of the total and is ranked #2. The only larger city being Ypsilanti with 36%. Third, it has one of the largest proportions of asian poverty rate at 89% of the total and is ranked #2. The only larger city being Ypsilanti with 100%. Also, it has one of the largest proportions of hawaiian poverty rate at 27% of the total and is ranked #2. The only larger city being Ypsilanti with 27%.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. Ann Arbor has one of the largest proportions of less than highschool in poverty at 17% of the total and is ranked #3. Only #2 Dexter (18%), and #1 Ypsilanti (25%) are larger. Figure 29 looks at only those people who make less than the poverty level of income and breaks down there employment status. Ann Arbor has the largest proportion of people who are in poverty and unemployed at 40.0% of the total and is ranked #1. Additionally, Figure 30 looks at the percentage of people who receive some form of public assistance including general assistance, temporary assistance or food stamps (i.e. SNAP.) Ann Arbor depicts it has a Public Assistance Percent of 5.3% which is the third most of all other places in the local area. The city with the highest households with public assistance in the area is Ypsilanti which indicates a households with public assistance of 19.8% (approximately 3.7 times bigger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Ann Arbor depicts it has a Gini Index of 50.9% which is the third most of all other places in the greater region.

Ann Arbor Michigan Work Commute Charts

The following set of charts detail a variety of metrics that have economic impact, economic grow factors and economic development metrics in the Ann Arbor community and has an impact on other factors such as economic growth, population growth, economic recovery, job growth, etc.. Figure 32 shows a high level view of how the population commutes to work (including the percent of people who work from home.) Ann Arbor has the largest proportion of people who drive a car or motorcycle to work at 11% of the total and is ranked #1. Second, it has the largest proportion of people who take public transportation to work at 20% of the total and is ranked #1. Figure 33 shows a more detailed view of how the population commutes to work for (for example to downtown Ann Arbor or elsewhere.) Ann Arbor has the smallest proportion of people who drove alone at 54% of the total. Second, it has the largest proportion of people who take the bus at 10% of the total and is ranked #1. Third, it has the largest proportion of people who take a Subway or elevated rail at 0% of the total and is ranked #1. Also, it has the largest proportion of people who bike at 4% of the total and is ranked #1. In addition, it has the largest proportion of people who walked at 17% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Ann Arbor has the smallest proportion of people who leave for work between 6am to 630am at 5% of the total.

The next graph in Figure 36 shows the average number of minutes that it takes for people to commute to work. Ann Arbor has the percentage of people with commute time of less than 5 minutesutes in the center range of other places in the metro area at 11% of the total. Second, it has one of the largest proportions of people with commute time between 5 to 9 minutes at 23% of the total and is ranked #2. The only larger city being Barton Hills with 30%. Third, it has one of the largest proportions of people with commute time between 10 to 14 minutes at 22% of the total and is ranked #2. The only larger city being Barton Hills with 32%. Also, it has the smallest proportion of people with commute time between 25 to 29 minutes at 9% of the total.

The average commute time is shown in Figure 37. Ann Arbor depicts it has a Avg Commute Time of 20 which is the second smallest when ranked by average commute time of all the other places in the area. Figure 38 shows the difference between male versus female commuting time. Ann Arbor depicts average commute time in minutes for men 17.5% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Ann Arbor has the largest proportion of no vehicle available at 31% of the total and is ranked #1. Second, it has less than most other places in the local area in terms of 1 vehicle available at 44% of the total. Third, it has the smallest proportion of 2 vehicles available at 11% of the total. Also, it has the smallest proportion of 3 vehicles available at 4% of the total. In addition, it has less than most other places in the metro area when sorted by 4 vehicles available at 2% of the total. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Ann Arbor indicates it has a Work in city or place where live of 69% which is the most of all places in the greater Ann Arbor region. Comparing people who both work and live in the same city to the United States average of 42%, Ann Arbor is 65.1% larger. Also, measured against the state of Michigan, people who both work and live in the same city of 30%, Ann Arbor is approximately 2.3 times bigger.

Ann Arbor Michigan Jobs Charts

The next to charts break out the median earnings for major job categories for men and women. Figure 46 shows the median earnings of men for the job categories. Ann Arbor depicts it has the hightest median earnings of $107,357 for the earnings-healthcare practitioners and tech occupations aggregate. Similarly, Figure 47 shows the median earnings of women for the job categories and Ann Arbor shows it has the hightest median earnings of $75,000 for the earnings-healthcare practitioners and tech occupations grouping. The table in Figure 48, shows Ann Arbor employment data in terms of job categories and salary data.

Ann Arbor Michigan Self Employment Charts

Figure 49 shows economic activity in terms of the number of people who are self employed in incorporated local business by industry. Ann Arbor depicts it has the hightest entrepreneurs of 73% for the self employed management, business, science, and arts businesses classification.

Similar to the last chart is Figure 50 which shows the number of people who are self employed but in more detailed industry categories such as manufacturing, retail sales, residential real estate, commercial real estate, health care, exports/imports, and advanced industries, etc. Ann Arbor shows it has the hightest entrepreneurs of 42% for the self employed in professional, scientific, management, administrative services category.

In Figure 51 the average annual self employment/entrepreneur income is shown. Ann Arbor depicts it has a Self Employment Income of $22,995 which is the third most average annual self employment income of all other places in the greater Ann Arbor region. The city with the highest average annual self employment income in the area is Barton Hills which depicts an average annual self employment income of $201,553 ( markedly bigger). Comparing average annual self employment income to the United States average of $39,154, Ann Arbor is approximately half the size. Also, measured against the state of Michigan, average annual self employment income of $32,754, Ann Arbor is approximately three-fourths the size.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Ann Arbor depicts total number of self-employed men 20.1% larger as the total number of self-employed women.