Luce County, Michigan Income Statistics
Luce 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
Luce County Well below averageLeast wealthy county in Michigan
Source: Map AI Methodology
Income Statistics Overview
| Metric | Luce County | Michigan Avg | US Average |
|---|---|---|---|
| Median Household Income | $55,506 | $72,977 | $80,455 |
| Median Personal Income | $49,272 | $59,920 | $60,758 |
| Average Yearly Income Growth | 4.9% | 4.6% | 4.8% |
| Six-Figure Earners | 4.6% | 11.4% | 13.9% |
| $200k+ Households | 1.6% | 9.5% | 13.2% |
The median household income in Luce County is about 24% lower than in Michigan. Income has been growing faster in Luce County (4.9%/yr) than in Michigan (4.6%/yr).
About 5% of adults in Luce 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 Luce County, Michigan grew by 47.9% from 2009 to 2024, reaching $55,506 in 2024. That's an average of about 4.9% per year.
Income Inequality and the Gender Pay Gap in Luce County
| Metric | Luce County | Michigan Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.573 | 0.539 | 0.552 |
| Male Median Income | $54,430 | $69,354 | $69,667 |
| Female Median Income | $49,530 | $54,749 | $56,850 |
| Gender Pay Gap | 9.0% | 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 Luce County, it is 0.573, 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 10% more than women's income in Luce County, Michigan. Over a 35-year career, a 10% wage gap accumulates to roughly $171,500 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Luce County, Michigan has narrowed from about 33% to 9% in 2024. Over that period the gap was widest at 35% in 2010, and was narrowest at 5% in 2023. In dollar terms, the gap has narrowed by $9,797 since 2009.
Employment
| Metric | Luce County | Michigan Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 9.9% | 5.7% | 5.2% |
| Working from Home | 7.6% | 13.5% | 15.0% |
| Commute time (minutes) | 11 | 21 | 22 |
Approximately 221 people are unemployed in Luce County, Michigan.
The average commute time in Luce County is 11 minutes, shorter than the 21 minutes in Michigan.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Luce County, Michigan has risen from 9.7% to 9.9% in 2024. Over that period the rate peaked at 14.2% in 2014 and fell as low as 5.7% in 2018.
Luce County, MI Wealth Compared With Nearby Counties
Luce County, MI is the smallest of the 6 counties compared here, 6,271 residents against a local median of 10,957. The measure that sets Luce County, MI apart most is unemployment: 9.9%, 60% above the local median of 6.2%. That is the weaker end of the local range on this measure.
The counties themselves spread 4.6% on unemployment, so Luce County, MI sits at one end of an already wide local range rather than apart from it. Luce County, MI has the 6th 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. |
|---|---|---|---|---|---|
| Luce County, MI | 6,271 | $55,506 #6/6 | 4.9%/yr #6/6 | 9.9% #6/6 | 0.573 #6/6 |
| Mackinac County, MI | 10,957 | $62,879 | 5.7%/yr | 7.9% | 0.508 |
| Schoolcraft County, MI | 8,128 | $57,138 | 5.7%/yr | 6.2% | 0.504 |
| Alger County, MI | 8,761 | $62,450 | 5.4%/yr | 6.8% | 0.558 |
| Chippewa County, MI | 36,295 | $62,983 | 5.0%/yr | 5.2% | 0.548 |
| Charlevoix County, MI | 26,108 | $76,927 | 5.9%/yr | 3.3% | 0.495 |
Conclusion
Considering all these factors, Luce County, Michigan has an overall wealth index grade of D, making it somewhat worse than Michigan, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Luce County, Michigan.
How Rich Is Luce County, Michigan?
Luce 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 $55,506, about 24% lower than the Michigan average of $72,977.
Are incomes growing in Luce County, Michigan?
Between 2009 and 2024, the median household income in Luce County, Michigan rose 48%, from $37,532 to $55,506. Over the same years, income here lagged behind Michigan as a whole: +48% against +50%.
What was the median household income in Luce County in 2023?
In 2023, the median household income in Luce County, Michigan was $56,553, up 8% from $52,197 in 2022. The Michigan median that year was $71,362.
What was the median household income in Luce County in 2020?
In 2020, the median household income in Luce County, Michigan was $49,999. By 2024 it had risen 11% to $55,506.
Is it hard to find a job in Luce County, Michigan?
Unemployment in Luce County, Michigan is 9.9%, well above the Michigan rate of 5.7%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Luce County, Michigan?
The Gini coefficient in Luce County is 0.573. 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 Luce County, Michigan?
Since 2009, the income gap between men and women in Luce County, Michigan has narrowed from about 33% to 9% in 2024. Over that period the gap was widest at 35% in 2010, and was narrowest at 5% in 2023. In dollar terms, the gap has narrowed by $9,797 since 2009.
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