Allen Park, Michigan Income Statistics

Allen Park Wealth Score

The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.

  • B
    Allen Park Around average

Source: Map AI Methodology

Income Statistics Overview

See income data visualized

Metric Allen Park Michigan Avg US Average
Median Household Income $83,258 $72,977 $80,455
Median Personal Income $66,442 $59,920 $60,758
Average Yearly Income Growth 2.9% 4.6% 4.8%
Six-Figure Earners 11.2% 11.4% 13.9%
$200k+ Households 8.2% 9.5% 13.2%

The median household income in Allen Park is about 14% higher than in Michigan. Income has been growing slower in Allen Park (2.9%/yr) than in Michigan (4.6%/yr).

About 11% of adults in Allen Park earn six figures ($100,000 or more) a year, about the same as the Michigan average of 11%.

Median Household Income 2009–2024 Trend

Median Household Income Over Time

Allen Park
United States

Median household income in Allen Park, Michigan grew by 47.8% from 2009 to 2024, reaching $83,258 in 2024. That's an average of about 2.9% per year.

Year Allen Park United States

Income Inequality and the Gender Pay Gap in Allen Park

Metric Allen Park Michigan Avg US Average
Gini Coefficient 0.487 0.539 0.552
Male Median Income $73,530 $69,354 $69,667
Female Median Income $62,536 $54,749 $56,850
Gender Pay Gap 15.0% 21.1% 18.4%

The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Allen Park, it is 0.487, lower than Michigan's 0.539, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.

Men's income is about 18% more than women's income in Allen Park, Michigan. Over a 35-year career, a 18% wage gap accumulates to roughly $384,790 in unearned income for female workers in the area.

Income by Sex Over Time

Male
Female

Since 2009, the income gap between men and women in Allen Park, Michigan has narrowed from about 23% to 15% in 2024. Over that period the gap was widest at 29% in 2014, and was narrowest at 9% in 2018. In dollar terms, the gap has narrowed by $1,961 since 2009.

Year Male Income Female Income Gap %

Employment

Metric Allen Park Michigan Avg US Average
Unemployment Rate 4.8% 5.7% 5.2%
Working from Home 10.4% 13.5% 15.0%
Commute time (minutes) 21 21 22

Approximately 724 people are unemployed in Allen Park, Michigan.

The average commute time in Allen Park is 21 minutes, about the same as in Michigan.

Unemployment Rate Over Time

Allen Park
United States

Since 2011, the unemployment rate in Allen Park, Michigan has fallen from 12.9% to 4.8% in 2024. Over that period the rate peaked at 13.1% in 2012 and fell as low as 3.6% in 2019.

Year Allen Park United States

Allen Park, MI Wealth Compared With Nearby Cities

Allen Park, MI is the smallest of the 5 cities compared here, 27,928 residents against a local median of 50,661. Where Allen Park, MI breaks from the cities next to it is median household income, sitting 33% above the local median of $62,719 at $83,258. That is the better end of the local range on this measure.

Unemployment tells the same story from another angle: 4.8% against a local median of 6.8%, 30% below it. The picture is mixed rather than uniform: median household income runs ahead of the neighbourhood while income growth runs behind it, so Allen Park, MI is trading one against the other rather than simply out-performing what surrounds it. The cities themselves sit within $8,477 of each other on median household income, a tighter band than the gap between any of them and Allen Park, MI, which makes it a genuine outlier here rather than one end of a wide local spread. Allen Park, MI has the highest median household income of the 5 areas compared here.

Area Population Median household income Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. Unemployment Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here.
Allen Park, MI 27,928 $83,258 #1/5 2.9%/yr #5/5 4.8% #2/5 0.487 #1/5
Lincoln Park, MI 39,240 $58,561 4.4%/yr 8.4% 0.534
Dearborn, MI 107,299 $64,236 3.7%/yr 6.6% 0.613
Southgate, MI 29,366 $67,038 3.3%/yr 4.2% 0.491
Taylor, MI 62,081 $61,201 4.8%/yr 7.0% 0.521

Conclusion

Considering all these factors, Allen Park, Michigan has an overall wealth index grade of B, making it somewhat better than Michigan, and somewhat better than the country as a whole.

Frequently Asked Questions

Common questions about income and wealth in Allen Park, Michigan.

How Wealthy Is Allen Park, Michigan?

Allen Park has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $83,258, about 14% higher than the Michigan average of $72,977.

How has median household income changed in Allen Park, Michigan?

Between 2009 and 2024, the median household income in Allen Park, Michigan rose 48%, from $56,336 to $83,258. Over the same years, income here lagged behind Michigan as a whole: +48% against +50%.

What was the median household income in Allen Park in 2023?

In 2023, the median household income in Allen Park, Michigan was $81,198, up 10% from $73,939 in 2022. The Michigan median that year was $71,362.

What was the median household income in Allen Park in 2020?

In 2020, the median household income in Allen Park, Michigan was $69,824. By 2024 it had risen 19% to $83,258.

What is the Gini coefficient in Allen Park, Michigan?

The Gini coefficient in Allen Park is 0.487. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.

How has the income gap between men and women changed in Allen Park, Michigan?

Since 2009, the income gap between men and women in Allen Park, Michigan has narrowed from about 23% to 15% in 2024. Over that period the gap was widest at 29% in 2014, and was narrowest at 9% in 2018. In dollar terms, the gap has narrowed by $1,961 since 2009.

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