Lapeer County, Michigan Income Statistics
Lapeer 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
Lapeer County Around averageWealthier than 80% of counties in Michigan
Source: Map AI Methodology
Income Statistics Overview
| Metric | Lapeer County | Michigan Avg | US Average |
|---|---|---|---|
| Median Household Income | $76,664 | $72,977 | $80,455 |
| Median Personal Income | $59,060 | $59,920 | $60,758 |
| Average Yearly Income Growth | 4.2% | 4.6% | 4.8% |
| Six-Figure Earners | 9.7% | 11.4% | 13.9% |
| $200k+ Households | 7.6% | 9.5% | 13.2% |
The median household income in Lapeer County is about 5% higher than in Michigan. Income has been growing slower in Lapeer County (4.2%/yr) than in Michigan (4.6%/yr).
About 10% of adults in Lapeer 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 Lapeer County, Michigan grew by 36.5% from 2009 to 2024, reaching $76,664 in 2024. That's an average of about 4.2% per year.
Income Inequality and the Gender Pay Gap in Lapeer County
| Metric | Lapeer County | Michigan Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.527 | 0.539 | 0.552 |
| Male Median Income | $69,910 | $69,354 | $69,667 |
| Female Median Income | $50,517 | $54,749 | $56,850 |
| Gender Pay Gap | 27.7% | 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 Lapeer County, it is 0.527, 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 Lapeer County, Michigan. Over a 35-year career, a 38% wage gap accumulates to roughly $678,755 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Lapeer County, Michigan has narrowed from about 35% to 28% in 2024. Over that period the gap was widest at 38% in 2010, and was narrowest at 26% in 2018. In dollar terms, the gap has widened by $675 since 2009.
Employment
| Metric | Lapeer County | Michigan Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.1% | 5.7% | 5.2% |
| Working from Home | 8.7% | 13.5% | 15.0% |
| Commute time (minutes) | 31 | 21 | 22 |
Approximately 2,209 people are unemployed in Lapeer County, Michigan.
The average commute time in Lapeer County is 31 minutes, longer than the 21 minutes in Michigan.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Lapeer County, Michigan has fallen from 12.6% to 5.1% in 2024. Over that period the rate peaked at 14.2% in 2013.
Lapeer County, MI Wealth Compared With Nearby Counties
Lapeer County, MI is the 5th largest of the 6 counties compared here, 88,837 residents against a local median of 403,150. Lapeer 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, 11% below the local median at 5.1% against 5.7%. Lapeer 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. |
|---|---|---|---|---|---|
| Lapeer County, MI | 88,837 | $76,664 #3/6 | 4.2%/yr #5/6 | 5.1% #2/6 | 0.527 #3/6 |
| Tuscola County, MI | 52,980 | $63,906 | 4.7%/yr | 6.0% | 0.504 |
| Oakland County, MI | 1,277,811 | $98,107 | 4.3%/yr | 4.8% | 0.527 |
| Genesee County, MI | 403,150 | $62,288 | 4.6%/yr | 8.1% | 0.536 |
| Macomb County, MI | 879,566 | $77,943 | 4.2%/yr | 5.7% | 0.527 |
| St. Clair County, MI | 160,218 | $71,019 | 4.2%/yr | 5.7% | 0.518 |
Conclusion
Considering all these factors, Lapeer 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 Lapeer County, Michigan.
How Rich Is Lapeer County, Michigan?
Lapeer 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 $76,664, about 5% higher than the Michigan average of $72,977.
How fast is household income rising in Lapeer County, Michigan?
Between 2009 and 2024, the median household income in Lapeer County, Michigan rose 36%, from $56,172 to $76,664. Over the same years, income here lagged behind Michigan as a whole: +36% against +50%.
What was the median household income in Lapeer County in 2023?
In 2023, the median household income in Lapeer County, Michigan was $76,910, up 2% from $75,493 in 2022. The Michigan median that year was $71,362.
What was the median household income in Lapeer County in 2020?
In 2020, the median household income in Lapeer County, Michigan was $64,837. By 2024 it had risen 18% to $76,664.
What is the Gini coefficient in Lapeer County, Michigan?
The Gini coefficient in Lapeer County is 0.527. 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 Lapeer County, Michigan?
Since 2009, the income gap between men and women in Lapeer County, Michigan has narrowed from about 35% to 28% in 2024. Over that period the gap was widest at 38% in 2010, and was narrowest at 26% in 2018. In dollar terms, the gap has widened by $675 since 2009.
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