Keweenaw County, Michigan Income Statistics
Keweenaw 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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C
Keweenaw County Below averageWealthier than 70% of counties in Michigan
Source: Map AI Methodology
Income Statistics Overview
| Metric | Keweenaw County | Michigan Avg | US Average |
|---|---|---|---|
| Median Household Income | $52,806 | $72,977 | $80,455 |
| Median Personal Income | $44,946 | $59,920 | $60,758 |
| Average Yearly Income Growth | 3.2% | 4.6% | 4.8% |
| Six-Figure Earners | 10.2% | 11.4% | 13.9% |
| $200k+ Households | 5.7% | 9.5% | 13.2% |
The median household income in Keweenaw County is about 28% lower than in Michigan. Income has been growing slower in Keweenaw County (3.2%/yr) than in Michigan (4.6%/yr).
About 10% of adults in Keweenaw 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 Keweenaw County, Michigan grew by 46.4% from 2009 to 2024, reaching $52,806 in 2024. That's an average of about 3.2% per year.
Income Inequality and the Gender Pay Gap in Keweenaw County
| Metric | Keweenaw County | Michigan Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.496 | 0.539 | 0.552 |
| Male Median Income | $50,000 | $69,354 | $69,667 |
| Female Median Income | $49,749 | $54,749 | $56,850 |
| Gender Pay Gap | 0.5% | 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 Keweenaw County, it is 0.496, 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 1% more than women's income in Keweenaw County, Michigan.
Income by Sex Over Time
Since 2009, the income gap between men and women in Keweenaw County, Michigan has narrowed from about 23% to 1% in 2024. Over that period the gap was widest at 24% in 2011, and in 2021 women out-earned men by 14%. In dollar terms, the gap has narrowed by $7,780 since 2009.
Employment
| Metric | Keweenaw County | Michigan Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.2% | 5.7% | 5.2% |
| Working from Home | 17.6% | 13.5% | 15.0% |
| Commute time (minutes) | 18 | 21 | 22 |
Approximately 18 people are unemployed in Keweenaw County, Michigan.
The average commute time in Keweenaw County is 18 minutes, shorter than the 21 minutes in Michigan.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Keweenaw County, Michigan has fallen from 8.3% to 2.2% in 2024. Over that period the rate peaked at 9.2% in 2012.
Keweenaw County, MI Wealth Compared With Nearby Counties
Keweenaw County, MI is the smallest of the 6 counties compared here, 2,133 residents against a local median of 11,667. The measure that sets Keweenaw County, MI apart most is unemployment: 2.2%, 60% below the local median of 5.3%. That is the better end of the local range on this measure.
Income growth tells the same story from another angle: 3.2%/yr against a local median of 5.2%/yr, 39% below it. The picture is mixed rather than uniform: unemployment runs ahead of the neighbourhood while income growth runs behind it, so Keweenaw County, MI is trading one against the other rather than simply out-performing what surrounds it. The counties themselves sit within 1.1% of each other on unemployment, a tighter band than the gap between any of them and Keweenaw County, MI, which makes it a genuine outlier here rather than one end of a wide local spread. Keweenaw 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. |
|---|---|---|---|---|---|
| Keweenaw County, MI | 2,133 | $52,806 #6/6 | 3.2%/yr #6/6 | 2.2% #1/6 | 0.496 #2/6 |
| Houghton County, MI | 34,105 | $59,942 | 5.2%/yr | 5.7% | 0.580 |
| Baraga County, MI | 8,191 | $57,871 | 4.1%/yr | 5.1% | 0.569 |
| Marquette County, MI | 66,775 | $66,054 | 4.4%/yr | 4.6% | 0.526 |
| Ontonagon County, MI | 5,848 | $54,540 | 5.7%/yr | 5.3% | 0.489 |
| Iron County, MI | 11,667 | $56,137 | 6.8%/yr | 5.4% | 0.511 |
Conclusion
Considering all these factors, Keweenaw County, Michigan has an overall wealth index grade of C, making it about on par with Michigan, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Keweenaw County, Michigan.
How Rich Is Keweenaw County, Michigan?
Keweenaw County has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $52,806, about 28% lower than the Michigan average of $72,977.
How fast is household income rising in Keweenaw County, Michigan?
Between 2009 and 2024, the median household income in Keweenaw County, Michigan rose 46%, from $36,059 to $52,806. Over the same years, income here lagged behind Michigan as a whole: +46% against +50%.
What was the median household income in Keweenaw County in 2023?
In 2023, the median household income in Keweenaw County, Michigan was $54,888, down 3% from $56,755 in 2022. The Michigan median that year was $71,362.
What was the median household income in Keweenaw County in 2020?
In 2020, the median household income in Keweenaw County, Michigan was $53,141. By 2024 it had fallen 1% to $52,806.
How strong is the job market in Keweenaw County, Michigan?
Unemployment in Keweenaw County, Michigan is only 2.2%, 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 Keweenaw County, Michigan?
The Gini coefficient in Keweenaw County is 0.496. 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 Keweenaw County, Michigan?
Since 2009, the income gap between men and women in Keweenaw County, Michigan has narrowed from about 23% to 1% in 2024. Over that period the gap was widest at 24% in 2011, and in 2021 women out-earned men by 14%. In dollar terms, the gap has narrowed by $7,780 since 2009.
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