What is a good salary in Detroit Michigan?

What is a good salary in Detroit Michigan?

Detroit, Michigan Jobs by Salary

Job Title	Range	Average
Operations Manager	Range:$41k – $120k	Average:$71,096
Software Developer	Range:$52k – $88k	Average:$70,751
Electrical Engineer	Range:$60k – $108k	Average:$77,549
Account Manager	Range:$44k – $103k	Average:$63,115

What is real median household income?

Median household income was $68,703 in 2019, an increase of 6.8 percent from the 2018 median of $64,324 (Figure 1 and Table A-1). The 2019 real median incomes of family households and nonfamily households increased 7.3 percent and 6.2 percent from their respective 2018 estimates (Figure 1 and Table A-1).

What’s the poverty rate in Detroit?

Detroit was listed as the No. 2 most impoverished big city in the U.S. last year, with 30.6 percent of its residents living below the poverty line.

What is considered wealthy in Michigan?

In Michigan, households must earn a minimum of $115,802 per year to be among the top one-fifth of the state’s income earners, according to a new 24/7 Wall St. analysis examining the threshold of “richness” in all 50 states.

Is 120k a good salary in Michigan?

Based on the U.S. median income of $59,039 in 2016, that means Michigan’s middle-class income for a single adult who lives alone is between $22,561 and $67,344, while the range is $45,120 to $134,689 for a household of four.

What is a livable salary in Michigan?

Living Wage Calculation for Michigan

	1 ADULT	2 ADULTS (1 WORKING)
	0 Children	2 Children
Living Wage	$13.63	$29.66
Poverty Wage	$6.13	$12.60
Minimum Wage	$9.65	$9.65

What percentage of America earns over 100k?

About 30.7% of households earned over $100,000 in 2020. In 2019, around 15.5% of Americans earned between $100,000 and $149,999; about 8.3% of the population earned between $150,000 and $199,999; and about 10.3% of the population earned over $200,000.

Is Detroit the poorest city in the US?

According to this data, Detroit, Michigan is the poorest city in the United States with a median income of $27,838. The poverty rate in Detroit is 37.9% and the unemployment rate is 19.8%, the highest of anywhere else in the nation and more than five times higher than the national unemployment rate.

Is 100k a good salary in Detroit?

A Business Insider study, largely based on median household income, finds that Detroit’s definition of ‘rich’ is $100,000 lower than Seattle’s.

What is a middle class income in Michigan?

Range of household incomes needed to be considered middle class, by family size

State	Single	Couple
Maine	$25,676 – $77,028	$36,311 – $108,934
Maryland	$28,572 – $85,717	$40,407 – $121,222
Massachusetts	$28,129 – $84,386	$39,780 – $119,340
Michigan	$24,345 – $73,035	$34,429 – $103,288