Charlevoix County, Michigan Income Statistics
Charlevoix County Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.
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B
Charlevoix County Around averageWealthier than 82% of counties in Michigan
Source: Map AI Methodology
Income Statistics Overview
| Metric | Charlevoix County | Michigan Avg | US Average |
|---|---|---|---|
| Median Household Income | $76,927 | $72,977 | $80,455 |
| Median Personal Income | $54,348 | $59,920 | $60,758 |
| Average Yearly Income Growth | 5.9% | 4.6% | 4.8% |
| Six-Figure Earners | 12.2% | 11.4% | 13.9% |
| $200k+ Households | 10.0% | 9.5% | 13.2% |
The median household income in Charlevoix County is about 5% higher than in Michigan. Income has been growing faster in Charlevoix County (5.9%/yr) than in Michigan (4.6%/yr).
About 12% of adults in Charlevoix County 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 Charlevoix County, Michigan grew by 58.7% from 2009 to 2024, reaching $76,927 in 2024. That's an average of about 5.9% per year.
Income Inequality and the Gender Pay Gap in Charlevoix County
| Metric | Charlevoix County | Michigan Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.495 | 0.539 | 0.552 |
| Male Median Income | $66,569 | $69,354 | $69,667 |
| Female Median Income | $48,295 | $54,749 | $56,850 |
| Gender Pay Gap | 27.5% | 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 Charlevoix County, it is 0.495, 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 38% more than women's income in Charlevoix County, Michigan. Over a 35-year career, a 38% wage gap accumulates to roughly $639,590 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Charlevoix County, Michigan has widened from about 25% to 27% in 2024. Over that period the gap was widest at 30% in 2022, and was narrowest at 25% in 2013. In dollar terms, the gap has widened by $7,170 since 2009.
Sharply against the trend: the pay gap in Charlevoix County widened by 2.4 points while Michigan's narrowed by 7.0 points.
Employment
| Metric | Charlevoix County | Michigan Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.3% | 5.7% | 5.2% |
| Working from Home | 12.4% | 13.5% | 15.0% |
| Commute time (minutes) | 17 | 21 | 22 |
Approximately 428 people are unemployed in Charlevoix County, Michigan.
The average commute time in Charlevoix County is 17 minutes, shorter than the 21 minutes in Michigan.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Charlevoix County, Michigan has fallen from 9.5% to 3.3% in 2024. Over that period the rate peaked at 10.9% in 2013.
Charlevoix County, MI Wealth Compared With Nearby Counties
Charlevoix County, MI is typical in size for this group, 26,108 residents against a local median of 24,127, so the measures below are close to a like for like comparison. Charlevoix County, MI sits close to the middle of its own neighbourhood. No measure below is more than 15% off the local median, so the choice between these counties turns on things this data does not capture.
The largest of those small differences is unemployment, 12% below the local median at 3.3% against 3.8%. Charlevoix County, MI has the 2nd lowest unemployment of the 6 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. |
|---|---|---|---|---|---|
| Charlevoix County, MI | 26,108 | $76,927 #4/6 | 5.9%/yr #2/6 | 3.3% #2/6 | 0.495 #1/6 |
| Emmet County, MI | 34,125 | $78,983 | 5.5%/yr | 3.2% | 0.502 |
| Antrim County, MI | 24,127 | $72,664 | 5.2%/yr | 3.9% | 0.500 |
| Mackinac County, MI | 10,957 | $62,879 | 5.7%/yr | 7.9% | 0.508 |
| Leelanau County, MI | 22,734 | $99,683 | 6.8%/yr | 3.4% | 0.517 |
| Grand Traverse County, MI | 96,166 | $82,482 | 4.9%/yr | 3.8% | 0.500 |
Conclusion
Considering all these factors, Charlevoix County, 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 Charlevoix County, Michigan.
How Rich Is Charlevoix County, Michigan?
Charlevoix County 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 $76,927, about 5% higher than the Michigan average of $72,977.
How fast is household income rising in Charlevoix County, Michigan?
Between 2009 and 2024, the median household income in Charlevoix County, Michigan rose 59%, from $48,477 to $76,927. Over the same years, income here outpaced Michigan as a whole: +59% against +50%.
What was the median household income in Charlevoix County in 2023?
In 2023, the median household income in Charlevoix County, Michigan was $76,866, up 10% from $69,759 in 2022. The Michigan median that year was $71,362.
What was the median household income in Charlevoix County in 2020?
In 2020, the median household income in Charlevoix County, Michigan was $60,531. By 2024 it had risen 27% to $76,927.
How strong is the job market in Charlevoix County, Michigan?
Unemployment in Charlevoix County, Michigan is only 3.3%, 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 Charlevoix County, Michigan?
The Gini coefficient in Charlevoix County is 0.495. 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 Charlevoix County, Michigan?
Since 2009, the income gap between men and women in Charlevoix County, Michigan has widened from about 25% to 27% in 2024. Over that period the gap was widest at 30% in 2022, and was narrowest at 25% in 2013. In dollar terms, the gap has widened by $7,170 since 2009.
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