Department of Numbers

Michigan Household Income

According to the Census ACS 1-year survey, the median household income for Michigan was $49,847 in 2014, the latest figures available. Compared to the median US household income, Michigan median household income is $3,810 lower. 2015 Census ACS data (including 2015 Michigan household income numbers) will be released in September of 2016. Michigan median family income and per capita income for Michigan are shown further down.

Show dollars as: Nominal Real

Real Median Household Income in Michigan

2014 1 Year Change 3 Year Change
US $53,657 +1.04% +0.93%
Michigan $49,847 +1.60% +2.98%

Michigan Real Median Household Income Trends since 2005

The current median household income for Michigan is $49,847. Real median household income peaked in 2005 at $55,812 and is now $5,965 (10.69%) lower. From a post peak low of $48,318 in 2012, real median household income for Michigan has now grown by $1,529 (3.16%).

Real Median Household Income: Michigan, National

Historical Real Median Household Income for Michigan

Date US Michigan
2014 $53,657 $49,847
2013 $53,105 $49,063
2012 $52,970 $48,318
2011 $53,162 $48,403
2010 $54,343 $49,312
2009 $55,415 $49,935
2008 $57,211 $53,430
2007 $57,936 $54,750
2006 $56,892 $55,401
2005 $56,058 $55,812

Michigan Family Income

The ACS 1-year survey shows that the median family income for Michigan was $62,143 in 2014. Compared to the median US family income, Michigan median family income is $3,767 lower. Like the median household income numbers, 2015 family income data will be released in September of 2016.

Show dollars as: Nominal Real

Real Median Family Income in Michigan

2014 1 Year Change 3 Year Change
US $65,910 +1.28% +1.88%
Michigan $62,143 +0.49% +1.66%

Michigan Real Median Family Income Trends since 2005

The current median family income for Michigan is $62,143. Real median family income peaked in 2005 at $69,436 and is now $7,293 (10.50%) lower. From a post peak low of $60,918 in 2010, real median family income for Michigan has now grown by $1,225 (2.01%).

Real Median Family Income: Michigan, National

Historical Real Median Family Income for Michigan

Date US Michigan
2014 $65,910 $62,143
2013 $65,078 $61,842
2012 $64,473 $61,141
2011 $64,691 $61,126
2010 $65,813 $60,918
2009 $67,399 $62,543
2008 $69,677 $66,652
2007 $69,849 $68,073
2006 $68,722 $68,099
2005 $67,684 $69,436

Michigan Per Capita Income

The ACS survey shows the median per capita income for Michigan was $26,613 in 2014. Compared to the US per capita income, Michigan per capita income is $2,276 lower. Per capita income numbers for 2015 will be released in September of 2016.

Show dollars as: Nominal Real

Real Per Capita Income in Michigan

2014 1 Year Change 3 Year Change
US $28,889 +0.85% +2.75%
Michigan $26,613 +1.03% +3.58%

Michigan Real Per Capita Income Trends since 2005

The current per capita income for Michigan is $26,613. Real per capita income peaked in 2005 at $29,554 and is now $2,941 (9.95%) lower. From a post peak low of $25,650 in 2010, real per capita income for Michigan has now grown by $963 (3.75%).

Real Per Capita Income: Michigan, National

Historical Real Per Capita Income for Michigan

Date US Michigan
2014 $28,889 $26,613
2013 $28,645 $26,342
2012 $28,169 $25,854
2011 $28,115 $25,694
2010 $28,297 $25,650
2009 $29,140 $26,182
2008 $30,337 $27,823
2007 $30,473 $28,335
2006 $29,669 $28,295
2005 $30,349 $29,554