Birmingham, Michigan Income Statistics
Birmingham 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.
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A+
Birmingham Top grade
Source: Map AI Methodology
Income Statistics Overview
| Metric | Birmingham | Michigan Avg | US Average |
|---|---|---|---|
| Median Household Income | $154,078 | $72,977 | $80,455 |
| Median Personal Income | $115,228 | $59,920 | $60,758 |
| Average Yearly Income Growth | 4.2% | 4.6% | 4.8% |
| Six-Figure Earners | 38.4% | 11.4% | 13.9% |
| $200k+ Households | 39.2% | 9.5% | 13.2% |
The median household income in Birmingham is about 111% higher than in Michigan. Income has been growing slower in Birmingham (4.2%/yr) than in Michigan (4.6%/yr).
About 38% of adults in Birmingham earn six figures ($100,000 or more) a year, higher than the Michigan average of 11%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Birmingham, Michigan grew by 52.8% from 2009 to 2024, reaching $154,078 in 2024. That's an average of about 4.2% per year.
Income Inequality and the Gender Pay Gap in Birmingham
| Metric | Birmingham | Michigan Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.477 | 0.539 | 0.552 |
| Male Median Income | $129,340 | $69,354 | $69,667 |
| Female Median Income | $97,074 | $54,749 | $56,850 |
| Gender Pay Gap | 24.9% | 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 Birmingham, it is 0.477, 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 33% more than women's income in Birmingham, Michigan. Over a 35-year career, a 33% wage gap accumulates to roughly $1,129,310 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Birmingham, Michigan has narrowed from about 36% to 25% in 2024. Over that period the gap was widest at 45% in 2012, and was narrowest at 22% in 2022. In dollar terms, the gap has narrowed by $5,226 since 2009.
Employment
| Metric | Birmingham | Michigan Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.3% | 5.7% | 5.2% |
| Working from Home | 26.4% | 13.5% | 15.0% |
| Commute time (minutes) | 18 | 21 | 22 |
Approximately 484 people are unemployed in Birmingham, Michigan.
The average commute time in Birmingham is 18 minutes, shorter than the 21 minutes in Michigan.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Birmingham, Michigan has risen from 4.2% to 4.3% in 2024. Over that period the rate peaked at 5.2% in 2013 and fell as low as 2.4% in 2019.
Conclusion
Considering all these factors, Birmingham, Michigan has an overall wealth index grade of A+, making it far better than Michigan, and far better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Birmingham, Michigan.
How Rich Is Birmingham, Michigan?
Birmingham has a wealth index grade of A+. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an A+ grade means it is one of the most prosperous areas in the country. The median household income is $154,078, about 111% higher than the Michigan average of $72,977.
How has median household income changed in Birmingham, Michigan?
Between 2009 and 2024, the median household income in Birmingham, Michigan rose 53%, from $100,834 to $154,078. Over the same years, income here outpaced Michigan as a whole: +53% against +50%.
What was the median household income in Birmingham in 2023?
In 2023, the median household income in Birmingham, Michigan was $154,529, up 2% from $152,121 in 2022. The Michigan median that year was $71,362.
What was the median household income in Birmingham in 2020?
In 2020, the median household income in Birmingham, Michigan was $128,733. By 2024 it had risen 20% to $154,078.
Do many residents of Birmingham, Michigan earn over $100,000?
Yes. 38% of adults in Birmingham, Michigan earn $100,000 or more a year (about 1 in 3), against 11% (about 1 in 9) in Michigan. 39% of households have a combined income of $200,000 or more, compared with 10% in Michigan.
Is it hard to find a job in Birmingham, Michigan?
Unemployment in Birmingham, Michigan is only 4.3%, well below the Michigan rate of 5.7%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Birmingham, Michigan?
The Gini coefficient in Birmingham is 0.477. 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 Birmingham, Michigan?
Since 2009, the income gap between men and women in Birmingham, Michigan has narrowed from about 36% to 25% in 2024. Over that period the gap was widest at 45% in 2012, and was narrowest at 22% in 2022. In dollar terms, the gap has narrowed by $5,226 since 2009.
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