B
35%
Income/capita NAT. AVG.
8%
Household income NAT. AVG.
100%
Unemployment NAT. AVG.
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IndexElk RapidsMichiganNational
Income per capita$40,140$27,549$29,829
Median household income$60,000$50,803$55,322
Median income owner occupied$65,625$62,251$70,586
Median income renter occupied$49,167$28,598$35,192
Median earnings male$34,375$35,730$36,919
Median earnings female$27,222$22,948$26,250
Unemployment rate0.0%5.2%4.7%
Poverty level7.3%16.3%15.1%
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Key findings

  • The income per capita in Elk Rapids is 35% higher than the national average
  • The median household income in Elk Rapids is 8% higher than the national average
  • Male median earnings are 41% higher than female median earnings
  • The unemployment rate in Elk Rapids is 100% lower than the national average
  • The poverty level in Elk Rapids is 52% lower than the national average

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      am i middle class

      $
      Input your household income
      $39,996 $60,000 $120,000
      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.

      Elk Rapids median earnings by income bracket

      Elk Rapids employment by industry

      Labour TypeMaleFemale
      Construction industry13.7%13.7%
      Manufacturing sector8.8%8.8%
      Financial & insurance services2.1%2.1%
      Wholesale & retail services20.7%20.7%
      Public administration3.6%3.6%
      Transportation, warehousing & utilities2.6%2.6%
      Education, health & social services7.5%7.5%
      Other38.6%38.6%

      Nearby cities with high median household income

      City Population Household Income National Avg.
      Suttons Bay, MI696$93,25068.6%
      Greilickville, MI1,765$66,66720.5%
      Omena, MI145$61,25010.7%
      Traverse City, MI15,525$61,05610.4%
      Rapid City, MI1,495$55,2620.1%
      Elk Rapids, MI1,531$60,0008.5%

      Cities with similar population

      City Population Household Income National Avg.
      Pepeekeo, HI1,531$47,03915.0%
      Tri-Lakes, IN1,531$87,45858.1%
      Centerfield, UT1,531$70,54527.5%
      Purdy, WA1,531$71,50029.2%
      Glen Dale, WV1,531$64,77917.1%
      Elk Rapids, MI1,531$60,0008.5%
      Source: The Elk Rapids, MI employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).