FACTOID # 2: Minnesota and Connecticut are both in the top 5 in saving money and total tax burden per capita.
 
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The Midwest > Michigan > Economy

MICHIGANDER ECONOMY STATS:   Top Stats   All Stats  
View this page with:    Just Stats   Sources   Definitions   Both  
Employment 4,781,978 [8th of 52]
Gross State Product > Current Dollars $372,756,000,000.00 [9th of 56]
Median Earnings for Male Full-Time, Year-Round Workers $46,475.00 [8th of 51]
Median Family Income $55,778.00 [19th of 51]
Median Household Income $44,905.00 [21st of 51]
Nest Egg Index 107.45 [8th of 50]
Percent below poverty level 12.3% [26th of 51]
Percent of Children Below Poverty Level 17.6 % [25th of 51]
Percent of Households With Retirement Income 20.3 % [5th of 51]
Percent of People 65 Years and Over Below Poverty Level 7.9 % [32nd of 51]
Percent of Related Children Below Poverty Level 17.2 % [25th of 51]
Personal income $336,370,000,000.00 [9th of 51]
Total tax burden $24,061,065,000.00 [7th of 50]
    Total tax burden (per capita) $2,381.34 [10th of 50]
Unemployment 348,800 [4th of 52]
Unemployment rate 6.8% [4th of 52]
Welfare Caseloads > Percent change in total families -4.1% [35th of 54]
Welfare Caseloads > Percent change in total recipients -6.2% [35th of 54]
Welfare Caseloads > Total families 75,706 [6th of 54]
Welfare Caseloads > Total recipients 202,469 [5th of 54]

... View all Economy stats

SOURCES: Bureau of Labor Statistics, March 2006; US Census Bureau, 2004.; American Community Survey 2004 ; A.G. Edwards; American Community Survey 2004; Bureau of Economic Analysis regional data, 2005; US Census Bureau, 2004; Bureau of Labor Statistics, March 2006; Administration of Children and Families

ALTERNATIVE NAMES: MI

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