Per Capita Income

Goal: Per capita income of households, families and individuals will be at federal levels.

Measure

The average personal income per person, family, and household.

Why This Indicator is Important

Comparisons between state and local per capita income offer insight into the economic well‐being of a community. Lower than average per capita income may indicate that the local economy does not adequately support individuals or families. Deeper analysis of per capita income also reveals trends that indicate income distribution.

How Are We Doing?

Examining trends from 2005-2009, data shows that in per capita income ($21,665), median household income for families ($52,140), and median household income for households ($42,244), in Saginaw County is about eight percent below the state average. If the data is examined by income level, the majority of persons of median family income range in between $45,000-$200,000 in Michigan for median household income, whereas in Saginaw County it is in between $35,000-$100,000.

How Can You Have An Impact?

  • Advocate for strengthening the business climate through investment and legislation.
  • Work towards adding additional jobs to help reverse trends of stagnating income.
  • Create a grassroots network of economic leaders to help revitalize business health.
  • Market the county with prospective employers in mind.
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