Montmorency County, Michigan Income Statistics
Montmorency 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
Montmorency County Well below averageLess wealthy than 94% of counties in Michigan
Source: Map AI Methodology
Income Statistics Overview
| Metric | Montmorency County | Michigan Avg | US Average |
|---|---|---|---|
| Median Household Income | $49,764 | $72,977 | $80,455 |
| Median Personal Income | $44,675 | $59,920 | $60,758 |
| Average Yearly Income Growth | 3.8% | 4.6% | 4.8% |
| Six-Figure Earners | 4.3% | 11.4% | 13.9% |
| $200k+ Households | 2.9% | 9.5% | 13.2% |
The median household income in Montmorency County is about 32% lower than in Michigan. Income has been growing slower in Montmorency County (3.8%/yr) than in Michigan (4.6%/yr).
About 4% of adults in Montmorency 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 Montmorency County, Michigan grew by 44.3% from 2009 to 2024, reaching $49,764 in 2024. That's an average of about 3.8% per year.
Income Inequality and the Gender Pay Gap in Montmorency County
| Metric | Montmorency County | Michigan Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.500 | 0.539 | 0.552 |
| Male Median Income | $52,863 | $69,354 | $69,667 |
| Female Median Income | $39,876 | $54,749 | $56,850 |
| Gender Pay Gap | 24.6% | 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 Montmorency County, it is 0.500, 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 33% more than women's income in Montmorency County, Michigan. Over a 35-year career, a 33% wage gap accumulates to roughly $454,545 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Montmorency County, Michigan has narrowed from about 29% to 25% in 2024. Over that period the gap was narrowest at 13% in 2017. In dollar terms, the gap has widened by $1,513 since 2009.
Employment
| Metric | Montmorency County | Michigan Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.3% | 5.7% | 5.2% |
| Working from Home | 10.1% | 13.5% | 15.0% |
| Commute time (minutes) | 22 | 21 | 22 |
Approximately 184 people are unemployed in Montmorency County, Michigan.
The average commute time in Montmorency County is 22 minutes, longer than the 21 minutes in Michigan.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Montmorency County, Michigan has fallen from 17.7% to 5.3% in 2024. Over that period the rate peaked at 20.0% in 2014.
Montmorency County, MI Wealth Compared With Nearby Counties
Montmorency County, MI is the 5th largest of the 6 counties compared here, 9,516 residents against a local median of 20,885. The measure that sets Montmorency County, MI apart most is income growth: 3.8%/yr, 22% below the local median of 4.9%/yr. That is the weaker end of the local range on this measure.
Median household income tells the same story from another angle: $49,764 against a local median of $60,396, 18% below it. The picture is mixed rather than uniform: unemployment runs ahead of the neighbourhood while income growth runs behind it, so Montmorency County, MI is trading one against the other rather than simply out-performing what surrounds it. The counties themselves spread 1.9%/yr on income growth, so Montmorency County, MI sits at one end of an already wide local range rather than apart from it. Montmorency County, MI has the 5th highest income growth 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. |
|---|---|---|---|---|---|
| Montmorency County, MI | 9,516 | $49,764 #5/6 | 3.8%/yr #5/6 | 5.3% #2/6 | 0.500 #3/6 |
| Oscoda County, MI | 8,425 | $49,477 | 4.4%/yr | 8.0% | 0.516 |
| Otsego County, MI | 25,584 | $68,296 | 3.8%/yr | 4.0% | 0.483 |
| Cheboygan County, MI | 25,865 | $63,766 | 5.7%/yr | 6.1% | 0.513 |
| Crawford County, MI | 13,369 | $60,396 | 4.9%/yr | 8.1% | 0.495 |
| Ogemaw County, MI | 20,885 | $54,179 | 5.0%/yr | 6.2% | 0.512 |
Conclusion
Considering all these factors, Montmorency 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 Montmorency County, Michigan.
How Rich Is Montmorency County, Michigan?
Montmorency 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 $49,764, about 32% lower than the Michigan average of $72,977.
Are incomes growing in Montmorency County, Michigan?
Between 2009 and 2024, the median household income in Montmorency County, Michigan rose 44%, from $34,475 to $49,764. Over the same years, income here lagged behind Michigan as a whole: +44% against +50%.
What was the median household income in Montmorency County in 2023?
In 2023, the median household income in Montmorency County, Michigan was $47,745, up 3% from $46,550 in 2022. The Michigan median that year was $71,362.
What was the median household income in Montmorency County in 2020?
In 2020, the median household income in Montmorency County, Michigan was $42,760. By 2024 it had risen 16% to $49,764.
What is the Gini coefficient in Montmorency County, Michigan?
The Gini coefficient in Montmorency County is 0.500. 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 Montmorency County, Michigan?
Since 2009, the income gap between men and women in Montmorency County, Michigan has narrowed from about 29% to 25% in 2024. Over that period the gap was narrowest at 13% in 2017. In dollar terms, the gap has widened by $1,513 since 2009.
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