Emmet County, Michigan Income Statistics
Emmet 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.
-
B
Emmet County Around averageWealthier than 83% of counties in Michigan
Source: Map AI Methodology
Income Statistics Overview
| Metric | Emmet County | Michigan Avg | US Average |
|---|---|---|---|
| Median Household Income | $78,983 | $72,977 | $80,455 |
| Median Personal Income | $54,391 | $59,920 | $60,758 |
| Average Yearly Income Growth | 5.5% | 4.6% | 4.8% |
| Six-Figure Earners | 11.7% | 11.4% | 13.9% |
| $200k+ Households | 11.5% | 9.5% | 13.2% |
The median household income in Emmet County is about 8% higher than in Michigan. Income has been growing faster in Emmet County (5.5%/yr) than in Michigan (4.6%/yr).
About 12% of adults in Emmet County 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
Median household income in Emmet County, Michigan grew by 62.2% from 2009 to 2024, reaching $78,983 in 2024. That's an average of about 5.5% per year.
Income Inequality and the Gender Pay Gap in Emmet County
| Metric | Emmet County | Michigan Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.502 | 0.539 | 0.552 |
| Male Median Income | $65,000 | $69,354 | $69,667 |
| Female Median Income | $52,666 | $54,749 | $56,850 |
| Gender Pay Gap | 19.0% | 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 Emmet County, it is 0.502, 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 23% more than women's income in Emmet County, Michigan. Over a 35-year career, a 23% wage gap accumulates to roughly $431,690 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Emmet County, Michigan has narrowed from about 26% to 19% in 2024. Over that period the gap was widest at 28% in 2012, and was narrowest at 14% in 2022. In dollar terms, the gap has widened by $1,121 since 2009.
Employment
| Metric | Emmet County | Michigan Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.2% | 5.7% | 5.2% |
| Working from Home | 10.7% | 13.5% | 15.0% |
| Commute time (minutes) | 17 | 21 | 22 |
Approximately 558 people are unemployed in Emmet County, Michigan.
The average commute time in Emmet County is 17 minutes, shorter than the 21 minutes in Michigan.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Emmet County, Michigan has fallen from 9.8% to 3.2% in 2024. Over that period the rate peaked at 10.0% in 2013.
Emmet County, MI Wealth Compared With Nearby Counties
Emmet County, MI is the largest of the 6 counties compared here, 34,125 residents against a local median of 25,584. Where Emmet County, MI breaks from the counties next to it is unemployment, sitting 20% below the local median of 4.0% at 3.2%. That is the better end of the local range on this measure.
Median household income tells the same story from another angle: $78,983 against a local median of $68,296, 16% above it. Every measure here with a clear better direction points the same way, so Emmet County, MI is not trading one advantage for another, it reads stronger than its neighbours across the board. The counties themselves spread 4.6% on unemployment, so Emmet County, MI sits at one end of an already wide local range rather than apart from it. Emmet County, MI has the 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. |
|---|---|---|---|---|---|
| Emmet County, MI | 34,125 | $78,983 #1/6 | 5.5%/yr #4/6 | 3.2% #1/6 | 0.502 #4/6 |
| Charlevoix County, MI | 26,108 | $76,927 | 5.9%/yr | 3.3% | 0.495 |
| Mackinac County, MI | 10,957 | $62,879 | 5.7%/yr | 7.9% | 0.508 |
| Cheboygan County, MI | 25,865 | $63,766 | 5.7%/yr | 6.1% | 0.513 |
| Antrim County, MI | 24,127 | $72,664 | 5.2%/yr | 3.9% | 0.500 |
| Otsego County, MI | 25,584 | $68,296 | 3.8%/yr | 4.0% | 0.483 |
Conclusion
Considering all these factors, Emmet 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 Emmet County, Michigan.
How Wealthy Is Emmet County, Michigan?
Emmet 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 $78,983, about 8% higher than the Michigan average of $72,977.
How fast is household income rising in Emmet County, Michigan?
Between 2009 and 2024, the median household income in Emmet County, Michigan rose 62%, from $48,695 to $78,983. Over the same years, income here outpaced Michigan as a whole: +62% against +50%.
What was the median household income in Emmet County in 2023?
In 2023, the median household income in Emmet County, Michigan was $74,366, up 5% from $70,893 in 2022. The Michigan median that year was $71,362.
What was the median household income in Emmet County in 2020?
In 2020, the median household income in Emmet County, Michigan was $56,819. By 2024 it had risen 39% to $78,983.
How strong is the job market in Emmet County, Michigan?
Unemployment in Emmet County, Michigan is only 3.2%, 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 Emmet County, Michigan?
The Gini coefficient in Emmet County is 0.502. 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 Emmet County, Michigan?
Since 2009, the income gap between men and women in Emmet County, Michigan has narrowed from about 26% to 19% in 2024. Over that period the gap was widest at 28% in 2012, and was narrowest at 14% in 2022. In dollar terms, the gap has widened by $1,121 since 2009.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →