Hamtramck, Michigan Income Statistics
Hamtramck 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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F
Hamtramck Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Hamtramck | Michigan Avg | US Average |
|---|---|---|---|
| Median Household Income | $39,568 | $72,977 | $80,455 |
| Median Personal Income | $39,823 | $59,920 | $60,758 |
| Average Yearly Income Growth | 6.7% | 4.6% | 4.8% |
| Six-Figure Earners | 2.3% | 11.4% | 13.9% |
| $200k+ Households | 2.0% | 9.5% | 13.2% |
The median household income in Hamtramck is about 46% lower than in Michigan. Income has been growing faster in Hamtramck (6.7%/yr) than in Michigan (4.6%/yr).
About 2% of adults in Hamtramck 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 Hamtramck, Michigan grew by 51.2% from 2009 to 2024, reaching $39,568 in 2024. That's an average of about 6.7% per year.
Income Inequality and the Gender Pay Gap in Hamtramck
| Metric | Hamtramck | Michigan Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.687 | 0.539 | 0.552 |
| Male Median Income | $44,348 | $69,354 | $69,667 |
| Female Median Income | $43,022 | $54,749 | $56,850 |
| Gender Pay Gap | 3.0% | 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 Hamtramck, it is 0.687, higher than Michigan's 0.539, so income is less evenly distributed here than there, and higher than the US's 0.552, so income is less evenly distributed here than there.
Men's income is about 3% more than women's income in Hamtramck, Michigan. Over a 35-year career, a 3% wage gap accumulates to roughly $46,410 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Hamtramck, Michigan has narrowed from about 14% to 3% in 2024. Over that period the gap was widest at 30% in 2013, and was narrowest at 0% in 2023. In dollar terms, the gap has narrowed by $3,142 since 2009.
Employment
| Metric | Hamtramck | Michigan Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 13.1% | 5.7% | 5.2% |
| Working from Home | 9.2% | 13.5% | 15.0% |
| Commute time (minutes) | 21 | 21 | 22 |
Approximately 1,142 people are unemployed in Hamtramck, Michigan.
The average commute time in Hamtramck is 21 minutes, about the same as in Michigan.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Hamtramck, Michigan has fallen from 20.0% to 13.1% in 2024. Over that period the rate fell as low as 9.5% in 2019.
Hamtramck, MI Wealth Compared With Nearby Cities
How Hamtramck, MI compares with the 1 cities closest to it.
| 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. |
|---|---|---|---|---|---|
| Hamtramck, MI | 27,670 | $39,568 #2/2 | 6.7%/yr #1/2 | 13.1% #1/2 | 0.687 #2/2 |
| Detroit, MI | 638,394 | $39,945 | 5.3%/yr | 14.0% | 0.578 |
Conclusion
Considering all these factors, Hamtramck, Michigan has an overall wealth index grade of F, making it worse than Michigan, and worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Hamtramck, Michigan.
How Rich Is Hamtramck, Michigan?
Hamtramck has a wealth index grade of F. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an F grade means residents are well below the U.S. average. The median household income is $39,568, about 46% lower than the Michigan average of $72,977.
How has median household income changed in Hamtramck, Michigan?
Between 2009 and 2024, the median household income in Hamtramck, Michigan rose 51%, from $26,173 to $39,568. Over the same years, income here outpaced Michigan as a whole: +51% against +50%.
What was the median household income in Hamtramck in 2023?
In 2023, the median household income in Hamtramck, Michigan was $40,074, up 1% from $39,782 in 2022. The Michigan median that year was $71,362.
What was the median household income in Hamtramck in 2020?
In 2020, the median household income in Hamtramck, Michigan was $29,335. By 2024 it had risen 35% to $39,568.
How strong is the job market in Hamtramck, Michigan?
Unemployment in Hamtramck, Michigan is 13.1%, well above the Michigan rate of 5.7%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Hamtramck, Michigan?
The Gini coefficient in Hamtramck is 0.687. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is higher than the US average of 0.552, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in Hamtramck, Michigan?
Since 2009, the income gap between men and women in Hamtramck, Michigan has narrowed from about 14% to 3% in 2024. Over that period the gap was widest at 30% in 2013, and was narrowest at 0% in 2023. In dollar terms, the gap has narrowed by $3,142 since 2009.
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