Romulus, Michigan Income Statistics
Romulus Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
-
D
Romulus Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Romulus | Michigan Avg | US Average |
|---|---|---|---|
| Median Household Income | $69,340 | $72,977 | $80,455 |
| Median Personal Income | $50,255 | $59,920 | $60,758 |
| Average Yearly Income Growth | 5.8% | 4.6% | 4.8% |
| Six-Figure Earners | 5.6% | 11.4% | 13.9% |
| $200k+ Households | 2.9% | 9.5% | 13.2% |
The median household income in Romulus is about 5% lower than in Michigan. Income has been growing faster in Romulus (5.8%/yr) than in Michigan (4.6%/yr).
About 6% of adults in Romulus 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 Romulus, Michigan grew by 37.1% from 2009 to 2024, reaching $69,340 in 2024. That's an average of about 5.8% per year.
Income Inequality and the Gender Pay Gap in Romulus
| Metric | Romulus | Michigan Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.493 | 0.539 | 0.552 |
| Male Median Income | $56,475 | $69,354 | $69,667 |
| Female Median Income | $50,790 | $54,749 | $56,850 |
| Gender Pay Gap | 10.1% | 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 Romulus, it is 0.493, 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 11% more than women's income in Romulus, Michigan. Over a 35-year career, a 11% wage gap accumulates to roughly $198,975 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Romulus, Michigan has narrowed from about 29% to 10% in 2024. Over that period the gap was widest at 30% in 2011. In dollar terms, the gap has narrowed by $8,964 since 2009.
Employment
| Metric | Romulus | Michigan Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.7% | 5.7% | 5.2% |
| Working from Home | 9.4% | 13.5% | 15.0% |
| Commute time (minutes) | 23 | 21 | 22 |
Approximately 837 people are unemployed in Romulus, Michigan.
The average commute time in Romulus is 23 minutes, longer than the 21 minutes in Michigan.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Romulus, Michigan has fallen from 14.5% to 6.7% in 2024. Over that period the rate peaked at 16.5% in 2013.
Romulus, MI Wealth Compared With Nearby Cities
Romulus, MI is the smallest of the 5 cities compared here, 24,764 residents against a local median of 44,412. The measure that sets Romulus, MI apart most is income growth: 5.8%/yr, 50% above the local median of 3.9%/yr. That is the better end of the local range on this measure.
The cities themselves spread 1.9%/yr on income growth, so Romulus, MI sits at one end of an already wide local range rather than apart from it. Romulus, MI has the highest income growth of the 5 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. |
|---|---|---|---|---|---|
| Romulus, MI | 24,764 | $69,340 #2/5 | 5.8%/yr #1/5 | 6.7% #2/5 | 0.493 #1/5 |
| Inkster, MI | 25,428 | $39,588 | 2.9%/yr | 14.4% | 0.575 |
| Westland, MI | 83,629 | $62,121 | 4.2%/yr | 6.0% | 0.509 |
| Taylor, MI | 62,081 | $61,201 | 4.8%/yr | 7.0% | 0.521 |
| Garden City, MI | 26,743 | $69,715 | 3.5%/yr | 7.9% | 0.497 |
Conclusion
Considering all these factors, Romulus, Michigan has an overall wealth index grade of D, making it about on par with Michigan, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Romulus, Michigan.
How Rich Is Romulus, Michigan?
Romulus 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 $69,340, about 5% lower than the Michigan average of $72,977.
How fast is household income rising in Romulus, Michigan?
Between 2009 and 2024, the median household income in Romulus, Michigan rose 37%, from $50,564 to $69,340. Over the same years, income here lagged behind Michigan as a whole: +37% against +50%.
What was the median household income in Romulus in 2023?
In 2023, the median household income in Romulus, Michigan was $70,406, up 11% from $63,430 in 2022. The Michigan median that year was $71,362.
What was the median household income in Romulus in 2020?
In 2020, the median household income in Romulus, Michigan was $60,919. By 2024 it had risen 14% to $69,340.
What is the Gini coefficient in Romulus, Michigan?
The Gini coefficient in Romulus is 0.493. 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 Romulus, Michigan?
Since 2009, the income gap between men and women in Romulus, Michigan has narrowed from about 29% to 10% in 2024. Over that period the gap was widest at 30% in 2011. In dollar terms, the gap has narrowed by $8,964 since 2009.
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