Saginaw County, Michigan Income Statistics
Saginaw 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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C
Saginaw County Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Saginaw County | Michigan Avg | US Average |
|---|---|---|---|
| Median Household Income | $60,674 | $72,977 | $80,455 |
| Median Personal Income | $52,605 | $59,920 | $60,758 |
| Average Yearly Income Growth | 4.2% | 4.6% | 4.8% |
| Six-Figure Earners | 7.9% | 11.4% | 13.9% |
| $200k+ Households | 6.5% | 9.5% | 13.2% |
The median household income in Saginaw County is about 17% lower than in Michigan. Income has been growing slower in Saginaw County (4.2%/yr) than in Michigan (4.6%/yr).
About 8% of adults in Saginaw 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 Saginaw County, Michigan grew by 43.6% from 2009 to 2024, reaching $60,674 in 2024. That's an average of about 4.2% per year.
Income Inequality and the Gender Pay Gap in Saginaw County
| Metric | Saginaw County | Michigan Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.541 | 0.539 | 0.552 |
| Male Median Income | $61,713 | $69,354 | $69,667 |
| Female Median Income | $49,823 | $54,749 | $56,850 |
| Gender Pay Gap | 19.3% | 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 Saginaw County, it is 0.541, about the same as Michigan's 0.539, so income here is about as evenly distributed as there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 24% more than women's income in Saginaw County, Michigan. Over a 35-year career, a 24% wage gap accumulates to roughly $416,150 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Saginaw County, Michigan has narrowed from about 28% to 19% in 2024. In dollar terms, the gap has narrowed by $1,372 since 2009.
Employment
| Metric | Saginaw County | Michigan Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.4% | 5.7% | 5.2% |
| Working from Home | 10.0% | 13.5% | 15.0% |
| Commute time (minutes) | 18 | 21 | 22 |
Approximately 5,608 people are unemployed in Saginaw County, Michigan.
The average commute time in Saginaw County is 18 minutes, shorter than the 21 minutes in Michigan.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Saginaw County, Michigan has fallen from 13.0% to 6.4% in 2024. Over that period the rate peaked at 13.4% in 2013.
Saginaw County, MI Wealth Compared With Nearby Counties
Saginaw County, MI is the 2nd largest of the 6 counties compared here, 188,665 residents against a local median of 83,757. Where Saginaw County, MI breaks from the counties next to it is unemployment, sitting 48% above the local median of 4.3% at 6.4%. That is the weaker end of the local range on this measure.
The counties themselves spread 4.1% on unemployment, so Saginaw County, MI sits at one end of an already wide local range rather than apart from it. Saginaw 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. |
|---|---|---|---|---|---|
| Saginaw County, MI | 188,665 | $60,674 #6/6 | 4.2%/yr #5/6 | 6.4% #5/6 | 0.541 #5/6 |
| Shiawassee County, MI | 67,991 | $67,783 | 4.4%/yr | 4.0% | 0.510 |
| Bay County, MI | 103,008 | $62,107 | 3.9%/yr | 4.3% | 0.496 |
| Midland County, MI | 83,757 | $78,496 | 4.4%/yr | 4.4% | 0.533 |
| Genesee County, MI | 403,150 | $62,288 | 4.6%/yr | 8.1% | 0.536 |
| Gratiot County, MI | 41,391 | $64,123 | 5.2%/yr | 4.2% | 0.571 |
Conclusion
Considering all these factors, Saginaw 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 Saginaw County, Michigan.
How Rich Is Saginaw County, Michigan?
Saginaw 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 $60,674, about 17% lower than the Michigan average of $72,977.
How has median household income changed in Saginaw County, Michigan?
Between 2009 and 2024, the median household income in Saginaw County, Michigan rose 44%, from $42,245 to $60,674. Over the same years, income here lagged behind Michigan as a whole: +44% against +50%.
What was the median household income in Saginaw County in 2023?
In 2023, the median household income in Saginaw County, Michigan was $58,460, up 3% from $56,516 in 2022. The Michigan median that year was $71,362.
What was the median household income in Saginaw County in 2020?
In 2020, the median household income in Saginaw County, Michigan was $49,560. By 2024 it had risen 22% to $60,674.
What is the Gini coefficient in Saginaw County, Michigan?
The Gini coefficient in Saginaw County is 0.541. 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 Saginaw County, Michigan?
Since 2009, the income gap between men and women in Saginaw County, Michigan has narrowed from about 28% to 19% in 2024. In dollar terms, the gap has narrowed by $1,372 since 2009.
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