Cheboygan County, Michigan Income Statistics
Cheboygan 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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D
Cheboygan County Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Cheboygan County | Michigan Avg | US Average |
|---|---|---|---|
| Median Household Income | $63,766 | $72,977 | $80,455 |
| Median Personal Income | $46,063 | $59,920 | $60,758 |
| Average Yearly Income Growth | 5.7% | 4.6% | 4.8% |
| Six-Figure Earners | 6.9% | 11.4% | 13.9% |
| $200k+ Households | 6.2% | 9.5% | 13.2% |
The median household income in Cheboygan County is about 13% lower than in Michigan. Income has been growing faster in Cheboygan County (5.7%/yr) than in Michigan (4.6%/yr).
About 7% of adults in Cheboygan County earn six figures ($100,000 or more) a year, lower than the Michigan average of 11%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Cheboygan County, Michigan grew by 67.1% from 2009 to 2024, reaching $63,766 in 2024. That's an average of about 5.7% per year.
Income Inequality and the Gender Pay Gap in Cheboygan County
| Metric | Cheboygan County | Michigan Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.513 | 0.539 | 0.552 |
| Male Median Income | $56,013 | $69,354 | $69,667 |
| Female Median Income | $46,132 | $54,749 | $56,850 |
| Gender Pay Gap | 17.6% | 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 Cheboygan County, it is 0.513, 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 21% more than women's income in Cheboygan County, Michigan. Over a 35-year career, a 21% wage gap accumulates to roughly $345,835 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Cheboygan County, Michigan has narrowed from about 21% to 18% in 2024. Over that period the gap was widest at 29% in 2014, and was narrowest at 6% in 2020. In dollar terms, the gap has widened by $2,219 since 2009.
Employment
| Metric | Cheboygan County | Michigan Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.1% | 5.7% | 5.2% |
| Working from Home | 10.1% | 13.5% | 15.0% |
| Commute time (minutes) | 21 | 21 | 22 |
Approximately 701 people are unemployed in Cheboygan County, Michigan.
The average commute time in Cheboygan County is 21 minutes, about the same as in Michigan.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Cheboygan County, Michigan has fallen from 18.1% to 6.1% in 2024. Over that period the rate peaked at 18.7% in 2012.
Cheboygan County, MI Wealth Compared With Nearby Counties
Cheboygan County, MI is the 2nd largest of the 6 counties compared here, 25,865 residents against a local median of 13,369. Where Cheboygan County, MI breaks from the counties next to it is income growth, sitting 15% above the local median of 4.9%/yr at 5.7%/yr. That is the better end of the local range on this measure.
The counties themselves spread 1.9%/yr on income growth, so Cheboygan County, MI sits at one end of an already wide local range rather than apart from it. Cheboygan County, MI has the 2nd highest income growth 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. |
|---|---|---|---|---|---|
| Cheboygan County, MI | 25,865 | $63,766 #3/6 | 5.7%/yr #2/6 | 6.1% #4/6 | 0.513 #6/6 |
| Otsego County, MI | 25,584 | $68,296 | 3.8%/yr | 4.0% | 0.483 |
| Emmet County, MI | 34,125 | $78,983 | 5.5%/yr | 3.2% | 0.502 |
| Montmorency County, MI | 9,516 | $49,764 | 3.8%/yr | 5.3% | 0.500 |
| Mackinac County, MI | 10,957 | $62,879 | 5.7%/yr | 7.9% | 0.508 |
| Crawford County, MI | 13,369 | $60,396 | 4.9%/yr | 8.1% | 0.495 |
Conclusion
Considering all these factors, Cheboygan County, Michigan has an overall wealth index grade of D, making it about on par with Michigan, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Cheboygan County, Michigan.
How Rich Is Cheboygan County, Michigan?
Cheboygan County has a wealth index grade of D. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a D grade means residents are somewhat worse off than the U.S. average. The median household income is $63,766, about 13% lower than the Michigan average of $72,977.
How fast is household income rising in Cheboygan County, Michigan?
Between 2009 and 2024, the median household income in Cheboygan County, Michigan rose 67%, from $38,162 to $63,766. Over the same years, income here outpaced Michigan as a whole: +67% against +50%.
What was the median household income in Cheboygan County in 2023?
In 2023, the median household income in Cheboygan County, Michigan was $61,782, up 4% from $59,424 in 2022. The Michigan median that year was $71,362.
What was the median household income in Cheboygan County in 2020?
In 2020, the median household income in Cheboygan County, Michigan was $49,552. By 2024 it had risen 29% to $63,766.
What is the Gini coefficient in Cheboygan County, Michigan?
The Gini coefficient in Cheboygan County is 0.513. 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 Cheboygan County, Michigan?
Since 2009, the income gap between men and women in Cheboygan County, Michigan has narrowed from about 21% to 18% in 2024. Over that period the gap was widest at 29% in 2014, and was narrowest at 6% in 2020. In dollar terms, the gap has widened by $2,219 since 2009.
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