Oscoda County, Michigan Income Statistics
Oscoda 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.
-
D
Oscoda County Well below averageLess wealthy than 79% of counties in Michigan
Source: Map AI Methodology
Income Statistics Overview
| Metric | Oscoda County | Michigan Avg | US Average |
|---|---|---|---|
| Median Household Income | $49,477 | $72,977 | $80,455 |
| Median Personal Income | $45,289 | $59,920 | $60,758 |
| Average Yearly Income Growth | 4.4% | 4.6% | 4.8% |
| Six-Figure Earners | 3.9% | 11.4% | 13.9% |
| $200k+ Households | 2.3% | 9.5% | 13.2% |
The median household income in Oscoda County is about 32% lower than in Michigan. Income has been growing slower in Oscoda County (4.4%/yr) than in Michigan (4.6%/yr).
About 4% of adults in Oscoda 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 Oscoda County, Michigan grew by 48.4% from 2009 to 2024, reaching $49,477 in 2024. That's an average of about 4.4% per year.
Income Inequality and the Gender Pay Gap in Oscoda County
| Metric | Oscoda County | Michigan Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.516 | 0.539 | 0.552 |
| Male Median Income | $54,120 | $69,354 | $69,667 |
| Female Median Income | $39,101 | $54,749 | $56,850 |
| Gender Pay Gap | 27.8% | 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 Oscoda County, it is 0.516, 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 Oscoda County, Michigan. Over a 35-year career, a 38% wage gap accumulates to roughly $525,665 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Oscoda County, Michigan has narrowed from about 31% to 28% in 2024. Over that period the gap was widest at 37% in 2017, and was narrowest at 23% in 2022. In dollar terms, the gap has widened by $2,994 since 2009.
Employment
| Metric | Oscoda County | Michigan Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 8.0% | 5.7% | 5.2% |
| Working from Home | 12.1% | 13.5% | 15.0% |
| Commute time (minutes) | 18 | 21 | 22 |
Approximately 249 people are unemployed in Oscoda County, Michigan.
The average commute time in Oscoda County is 18 minutes, shorter than the 21 minutes in Michigan.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Oscoda County, Michigan has fallen from 16.8% to 8.0% in 2024.
Oscoda County, MI Wealth Compared With Nearby Counties
Oscoda County, MI is the smallest of the 6 counties compared here, 8,425 residents against a local median of 20,885. The measure that sets Oscoda County, MI apart most is unemployment: 8.0%, 51% above the local median of 5.3%. That is the weaker end of the local range on this measure.
The counties themselves spread 4.1% on unemployment, so Oscoda County, MI sits at one end of an already wide local range rather than apart from it. Oscoda County, MI has the 5th 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. |
|---|---|---|---|---|---|
| Oscoda County, MI | 8,425 | $49,477 #6/6 | 4.4%/yr #4/6 | 8.0% #5/6 | 0.516 #6/6 |
| Montmorency County, MI | 9,516 | $49,764 | 3.8%/yr | 5.3% | 0.500 |
| Ogemaw County, MI | 20,885 | $54,179 | 5.0%/yr | 6.2% | 0.512 |
| Crawford County, MI | 13,369 | $60,396 | 4.9%/yr | 8.1% | 0.495 |
| Otsego County, MI | 25,584 | $68,296 | 3.8%/yr | 4.0% | 0.483 |
| Roscommon County, MI | 23,737 | $55,664 | 5.7%/yr | 4.7% | 0.507 |
Conclusion
Considering all these factors, Oscoda 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 Oscoda County, Michigan.
How Wealthy Is Oscoda County, Michigan?
Oscoda 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 $49,477, about 32% lower than the Michigan average of $72,977.
Are incomes growing in Oscoda County, Michigan?
Between 2009 and 2024, the median household income in Oscoda County, Michigan rose 48%, from $33,330 to $49,477. Over the same years, income here lagged behind Michigan as a whole: +48% against +50%.
What was the median household income in Oscoda County in 2023?
In 2023, the median household income in Oscoda County, Michigan was $50,728, up 5% from $48,352 in 2022. The Michigan median that year was $71,362.
What was the median household income in Oscoda County in 2020?
In 2020, the median household income in Oscoda County, Michigan was $43,382. By 2024 it had risen 14% to $49,477.
Is it hard to find a job in Oscoda County, Michigan?
Unemployment in Oscoda County, Michigan is 8.0%, well above the Michigan rate of 5.7%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Oscoda County, Michigan?
The Gini coefficient in Oscoda County is 0.516. 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 Oscoda County, Michigan?
Since 2009, the income gap between men and women in Oscoda County, Michigan has narrowed from about 31% to 28% in 2024. Over that period the gap was widest at 37% in 2017, and was narrowest at 23% in 2022. In dollar terms, the gap has widened by $2,994 since 2009.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →