Presque Isle County, Michigan Income Statistics

Presque Isle 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.

  • C
    Presque Isle County Below average

Source: Map AI Methodology

Presque Isle County
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Wealth grade

Income Statistics Overview

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Metric Presque Isle County Michigan Avg US Average
Median Household Income $59,470 $72,977 $80,455
Median Personal Income $53,537 $59,920 $60,758
Average Yearly Income Growth 4.5% 4.6% 4.8%
Six-Figure Earners 7.0% 11.4% 13.9%
$200k+ Households 3.8% 9.5% 13.2%

The median household income in Presque Isle County is about 19% lower than in Michigan. Income has been growing slower in Presque Isle County (4.5%/yr) than in Michigan (4.6%/yr).

About 7% of adults in Presque Isle 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

Presque Isle County
United States

Median household income in Presque Isle County, Michigan grew by 58.9% from 2009 to 2024, reaching $59,470 in 2024. That's an average of about 4.5% per year.

Presque Isle County has stayed well below the U.S. median household income in every year from 2009 to 2024 and has never reached it. It came closest in 2018, at 23% lower. The gap has held fairly steady over the period.

Year Presque Isle County United States

Income Distribution in Presque Isle County

How incomes are spread across brackets, compared with the U.S. Pick a range to count who falls in it.

Households by income, 2024

Presque Isle County
United States

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About 1,821 households (27.4% of all households) have an income of $100,000 or more.

Across the U.S.: 40.2% of all households.

In 2024, 26.5% of households in Presque Isle County had an income under $35,000 and 9.4% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.

Compared with the U.S., Presque Isle County has a larger share of households earning $35,000 to $49,999 (15.9% vs 10.1%) and a smaller share earning $200,000 or more (3.8% vs 13.2%).

Household income Households Share U.S. share
Under $10,000 408 6.1% 5.1%
$10,000 to $14,999 258 3.9% 3.5%
$15,000 to $24,999 542 8.1% 6.4%
$25,000 to $34,999 554 8.3% 6.7%
$35,000 to $49,999 1,055 15.9% 10.1%
$50,000 to $74,999 1,261 18.9% 15.5%
$75,000 to $99,999 756 11.4% 12.6%
$100,000 to $149,999 1,196 18.0% 17.4%
$150,000 to $199,999 371 5.6% 9.5%
$200,000 or more 254 3.8% 13.2%

Shares are of all 6,655 households, one per occupied home whatever its size. Households with zero or negative income are counted in the lowest bracket. Source: ACS 5-year estimates ending 2024 (table B19001).

Income Inequality and the Gender Pay Gap in Presque Isle County

Metric Presque Isle County Michigan Avg US Average
Gini Coefficient 0.494 0.539 0.552
Male Median Income $64,061 $69,354 $69,667
Female Median Income $50,645 $54,749 $56,850
Gender Pay Gap 20.9% 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 Presque Isle County, it is 0.494, 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 26% more than women's income in Presque Isle County, Michigan. Over a 35-year career, a 26% wage gap accumulates to roughly $469,560 in unearned income for female workers in the area.

Income by Sex Over Time

Male
Female

Since 2009, the income gap between men and women in Presque Isle County, Michigan has narrowed from about 22% to 21% in 2024. Over that period the gap was widest at 31% in 2021, and was narrowest at 17% in 2013. In dollar terms, the gap has widened by $5,205 since 2009.

Year Male Income Female Income Gap %

Employment

Metric Presque Isle County Michigan Avg US Average
Unemployment Rate 6.5% 5.7% 5.2%
Working from Home 10.4% 13.5% 15.0%
Commute time (minutes) 21 21 22

Approximately 343 people are unemployed in Presque Isle County, Michigan.

The average commute time in Presque Isle County is 21 minutes, about the same as in Michigan.

Unemployment Rate Over Time

Presque Isle County
United States

Since 2011, the unemployment rate in Presque Isle County, Michigan has fallen from 13.0% to 6.5% in 2024. Over that period the rate peaked at 14.5% in 2013 and fell as low as 6.3% in 2023.

Presque Isle County has stayed well above the U.S. unemployment rate in every year from 2011 to 2024 and has never dropped below it. It came closest in 2020, at 1.0 point higher. The gap has narrowed from 4.3 points in 2011 to 1.3 points in 2024.

Year Presque Isle County United States

Presque Isle County, MI Wealth Compared With Nearby Counties

Presque Isle County, MI is the 3rd largest of the 6 counties compared here, 13,209 residents against a local median of 10,397. Nothing separates Presque Isle County, MI sharply from the counties around it. Each measure below lands within 15% of the local median, close enough that the differences are within what survey sampling alone would produce.

The largest of those small differences is median household income, 10% above the local median at $59,470 against $54,138. Presque Isle County, MI has the 2nd highest median household income 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.
Presque Isle County, MI 13,209 $59,470 #2/6 4.5%/yr #3/6 6.5% #5/6 0.494 #2/6
Alpena County, MI 28,880 $54,138 4.0%/yr 6.2% 0.527
Montmorency County, MI 9,516 $49,764 3.8%/yr 5.3% 0.500
Alcona County, MI 10,397 $56,104 4.9%/yr 4.5% 0.489
Cheboygan County, MI 25,865 $63,766 5.7%/yr 6.1% 0.513
Oscoda County, MI 8,425 $49,477 4.4%/yr 8.0% 0.516

Conclusion

Considering all these factors, Presque Isle 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 Presque Isle County, Michigan.

How Rich Is Presque Isle County, Michigan?

Presque Isle 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 $59,470, about 19% lower than the Michigan average of $72,977.

How fast is household income rising in Presque Isle County, Michigan?

Between 2009 and 2024, the median household income in Presque Isle County, Michigan rose 59%, from $37,420 to $59,470. Over the same years, income here outpaced Michigan as a whole: +59% against +50%.

What was the median household income in Presque Isle County in 2023?

In 2023, the median household income in Presque Isle County, Michigan was $57,145, up 2% from $56,254 in 2022. The Michigan median that year was $71,362.

What was the median household income in Presque Isle County in 2020?

In 2020, the median household income in Presque Isle County, Michigan was $48,726. By 2024 it had risen 22% to $59,470.

What is the Gini coefficient in Presque Isle County, Michigan?

The Gini coefficient in Presque Isle County is 0.494. 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 Presque Isle County, Michigan?

Since 2009, the income gap between men and women in Presque Isle County, Michigan has narrowed from about 22% to 21% in 2024. Over that period the gap was widest at 31% in 2021, and was narrowest at 17% in 2013. In dollar terms, the gap has widened by $5,205 since 2009.

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