Milan township Michigan Income Charts

This section shows the Milan township Michigan economy using the most recent economic analysis from the 2019 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Milan township depicts it has a median earnings per worker of $53,924 which is the third most median earnings of all other places in the greater Milan township region. The city with the highest median earnings per worker in the area is Milan-Washtenaw County which shows a median earnings of $61,555 (14.2% larger). Comparing median earnings per worker to the United States average of $47,712, Milan township is 13.0% larger. Also, benchmarked against the state of Michigan, median earnings per worker of $47,411, Milan township is 13.7% 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 $72,426 which is the third most median income of all other places in the greater Milan township region. The city with the highest median household income in the area is Macon township which shows a median income of $78,542 (8.4% larger). Comparing median household income to the United States average of $60,293, Milan township is 20.1% larger. Also, in comparison with the state of Michigan, median household income of $54,938, Milan township is 31.8% larger.

The next section examines a variety of different income statistics for the Milan township metropolitan area. In Figure 3 we see that it has the smallest proportion of earnings between $10,000 and $14,999 at 5.3% of the total.

Figure 5 has the Average number of hours worked in a typical work week during the year, it has an average hours of 41.6 which is more than all other places in the greater Milan township region. Dividing median annual worker earnings by the average number of hours worked in a year in Figure 6 shows that it has an average hourly earnings of $24.93 which is the third most of all other places in the metro area. The city with the highest average hourly earnings in the area is Milan-Washtenaw County which depicts an average hourly earnings of $30.12 (20.8% larger). Comparing average hourly earnings to the United States average of $23.71, Milan township is only about 5.1% larger. Also, in contrast to the state of Michigan, average hourly earnings of $23.87, Milan township is only about 4.4% larger.

Figure 7 examines the number of self employed people in the Milan township metro area based on the number of people who reported any self employment income. Milan township shows it has a percentage of people self employed of 13.6% which is the highest of all places in the greater Milan township region.

Turning our attention to Figure 8, the median household income by age group, it has the largest proportion of median income-25 to 44 years at $95,357 of the total and is ranked #1. Second, it has one of the largest proportions of median income-45 to 64 years at $82,292 of the total and is ranked #3. Only #2 Milan-Washtenaw County ($89,010), and #1 Macon township ($90,469) are larger. Third, it has in the mid range of other places in the metro area when sorted by median income-65 years and over at $39,750 of the total.

The next chart (Figure 11) shows the percentage of households that had retirement income over the last 12 months and it has a households with retirement income of 30.3% which is the third most of all other places in the local area. The city with the highest households with retirement income in the area is Milan-Washtenaw County which shows a households with retirement income of 34.0% (12.2% larger).

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 $90,104 of the total and is ranked #2. The only larger city being Milan-Washtenaw County with $95,000. Second, it has one of the largest proportions of white family income at $90,417 of the total and is ranked #2. The only larger city being Milan-Washtenaw County with $93,365.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Milan township shows it has the hightest cost of 129.5 for the cost of utilities category.

Milan township 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 shows that from January 2010 to before the disasterous COVID-19 Pandemic the monthly unemployment rate went from 8.1% to 2.2% in March 2020. This represents a decrease in the monthly unemployment rate of 72.8%. Since that time, the monthly unemployment rate has gone to 7.4% This represents an increase in the monthly unemployment rate of 236.4%. 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 January 2010 to before the disasterous COVID-19 Pandemic the monthly labor force participation went from 19,098 to 21,698 in March 2020. This represents an increase in the monthly labor force participation of 13.6%. Since that time, the monthly labor force participation has gone to 22,152 This represents an increase in the monthly labor force participation of 2.1%.

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 Milan township shows it has an unemployment rate of 1.4% which is the smallest when sorted by unemployment rate of all the other places in the metro area. The city with the highest unemployment rate in the area is Milan-Washtenaw County which depicts a rate of 2.5% (75.1% larger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Milan township depicts it has a participation rate of 64.7% which is in the mid range of other places in the area.

The Components of Employment Status graph in Figure 18 shows the composition of the labor force broken down by employed, unemployed, and not in the labor force (but 16 years of age or older). Milan township has the smallest proportion of unemployed at 1.4% of the total.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Milan township shows full time employees approximately 3.3 times bigger 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 Milan township area. Milan township shows it has a families with a single earner of 19.5% which is the second smallest in order of families with a single earner of all the other places in the local area. The city with the highest families with a single earner in the area is Milan-Monroe County which shows a single earners rate of 31.9% (64.1% larger). The percentage of families with no one working is depicted in Figure 22. Milan township depicts it has a families with no one working of 17.4% which is in the mid range of other places in the greater region. The city with the highest families with no one working in the area is Dundee township which shows a families with no worker of 25.1% (43.9% larger).

Milan township Michigan Poverty Charts

The next section details economy analysis about poverty for residents of the Milan township 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. Milan township shows it has a total people earning less than the poverty level of 55 which is the smallest as measured by total people earning less than the poverty level of all the other places in the local area. The city with the highest total people earning less than the poverty level in the area is Dundee township which shows a total people earning less than the poverty level of 531 ( substantially bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Milan township shows it has a percent of people earning less than the poverty level of 3.2% which is the second smallest when ranked by percent of people earning less than the poverty level of all the other places in the metro area. The city with the highest percent of people earning less than the poverty level in the area is Dundee which depicts a percent of people in poverty of 8.9% (approximately 2.8 times bigger).

In Figure 25 people who are in poverty are broken out by age group. Milan township has one of the largest proportions of person in poverty 18 to 34 years at 25% of the total and is ranked #3. Only #2 Macon township (26%), and #1 Dundee (27%) are larger. Second, it has the largest proportion of person in poverty 65+ years at 25% of the total and is ranked #1.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. Milan township has the smallest proportion of has some college and in poverty at 1% of the total. Figure 29 looks at only those people who make less than the poverty level of income and breaks down there employment status. Milan township has the largest proportion of people who are in poverty and employed at 34.5% 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.) Milan township depicts it has a households with public assistance of 6.9% which is in the center range of other places in the metro area. The city with the highest households with public assistance in the area is Milan-Monroe County which shows a households with public assistance of 18.6% (approximately 2.7 times bigger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Milan township shows it has a the gini index of 35.5% which is the second smallest when ranked by the gini index of all the other places in the local area.

Milan township Michigan Work Commute Charts

Figure 33 shows a more detailed view of how the population commutes to work for (for example to downtown Milan township or elsewhere.) Milan township has the largest proportion of people who drove alone at 90% of the total and is ranked #1. Second, it has the smallest proportion of people who carpooled at 3% of the total. Third, it has the largest proportion of people who took a taxicab, motorcycle or other at 1% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Milan township has the largest proportion of people who leave for work between 5am to 530am at 9% of the total and is ranked #1. Second, it has the smallest proportion of people who leave for work between 630 am to 7am at 7% of the total. Third, it has the largest proportion of people who leave for work between 830 am to 9am at 7% of the total and is ranked #1. Also, it has the largest proportion of people who leave for work between 9am to 10am at 6% of the total and is ranked #1. In addition, it has the smallest proportion of people who leave for work between 4pm to midnight 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. Milan township has the percentage of people with commute time of less than 5 minutesutes less than most other places in the local area at 3% of the total. Second, it has the second smallest as measured by people with commute time of less than 5 minutes of all the other places in the metro area in terms of people with commute time between 5 to 9 minutes at 5% of the total. Third, it has the largest proportion of people with commute time between 10 to 14 minutes at 13% of the total and is ranked #1. Also, it has the smallest proportion of people with commute time between 15 to 19 minutes at 6% of the total.

The average commute time is shown in Figure 37. Milan township depicts it has an average commute time of 30 which is the second most average commute time of all the places in the greater Milan township region. Figure 38 shows the difference between male versus female commuting time. Milan township depicts average commute time in minutes for men 12.4% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Milan township has the percentage of 1 vehicle available the second smallest in order of no vehicle available of all the other places in the area at 8% of the total. Second, it has the smallest proportion of 2 vehicles available at 21% of the total. Third, it has one of the largest proportions of 3 vehicles available at 36% of the total and is ranked #2. The only larger city being Macon township with 38%. Also, it has the largest proportion of 4 vehicles available at 22% of the total and is ranked #1. In addition, it has the largest proportion of 5 or more vehicles available at 10% of the total and is ranked #1.

Milan township 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. Milan township depicts it has the hightest median earnings of $93,929 for the management, business, and financial occupations classification. Similarly, Figure 47 shows the median earnings of women for the job categories and Milan township depicts it has the hightest median earnings of $85,333 for the earnings-education, legal, community service, arts, media occupations grouping. The table in Figure 48, shows Milan township employment data in terms of job categories and salary data.

Milan township 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. Milan township depicts it has the hightest entrepreneurs of 40% for the self employed in service businesses category.

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. Milan township depicts it has the hightest entrepreneurs of 12% for the self employed in transportation, warehousing, and utilities category.

In Figure 51 the average annual self employment/entrepreneur income is shown. Milan township shows it has an average annual self employment income of $28,014 which is the second smallest in terms of average annual self employment income of all the other places in the local area. The city with the highest average annual self employment income in the area is Dundee which shows an average annual self employment income of $66,144 (approximately 2.4 times bigger). Comparing average annual self employment income to the United States average of $37,819, Milan township is approximately three-fourths the size. Also, in comparison with the state of Michigan, average annual self employment income of $31,109, Milan township is about 11.0% smaller.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Milan township shows total number of self-employed men about twice as large as the total number of self-employed women.