Wealth Index
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.
Income Statistics Overview
| Metric | Sanilac County | Michigan Avg | US Average |
|---|---|---|---|
| Median Household Income | $59,241 | $71,353 | $78,145 |
| Median Personal Income | $50,350 | $60,704 | $61,726 |
| Average income growth | 4.9% | 4.9% | 5.1% |
| Six-Figure Earners | 6.4% | 10.8% | 13.2% |
The median household income in Sanilac County is about 17% lower than in Michigan. Income has been growing slower in Sanilac County (4.9%/yr) than in Michigan (4.9%/yr).
About 6% of adults in Sanilac County earn six figures ($100,000 or more) a year, lower than the Michigan average of 11%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Sanilac County, Michigan grew by 47.6% from 2009 to 2023, reaching $59,241 in 2023. That's an average of about 4.9% per year.
Economic Inequality in Sanilac County | Gender Pay Gap | Gini Coefficient
| Metric | Sanilac County | Michigan Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.523 | 0.556 | 0.570 |
| Male Median Income | $54,769 | $67,497 | $67,746 |
| Female Median Income | $44,301 | $52,846 | $54,793 |
| Gender Pay Gap | 19.1% | 21.7% | 19.1% |
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 Sanilac County, it is 0.523, lower than Michigan's 0.556, so income is more evenly distributed here than there, and lower than the US's 0.570, so income is more evenly distributed here than there.
Men's income is about 24% more than women's income in Sanilac County, Michigan. Over a 35-year career, a 24% wage gap accumulates to roughly $366,380 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Sanilac County, Michigan has narrowed from about 27% to 19% in 2023. In dollar terms, the gap has narrowed by $54 since 2009.
Employment
| Metric | Sanilac County | Michigan Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.1% | 5.8% | 5.2% |
| Working from Home | 8.0% | 12.0% | 13.4% |
| Commute time (minutes) | 22 | 21 | 22 |
Approximately 1,133 people are unemployed in Sanilac County, Michigan.
The average commute time in Sanilac County is 22 minutes, longer than the 21 minutes in Michigan.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Sanilac County, Michigan has fallen from 14.6% to 6.1% in 2023.
Conclusion
Considering all these factors, Sanilac 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 Sanilac County, Michigan.
How Rich Is Sanilac County, Michigan?
Sanilac 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 $59,241, about 17% lower than the Michigan average of $71,353.
What is the current median household income in Sanilac County, Michigan?
As of 2023, the median household income in Sanilac County, Michigan is $59,241.
What was the median household income in Sanilac County in 2023?
In 2023, the median household income in Sanilac County, Michigan was $59,241.
What was the median household income in Sanilac County in 2020?
In 2020, the median household income in Sanilac County, Michigan was $49,862.
What is the Gini coefficient in Sanilac County, Michigan?
The Gini coefficient in Sanilac County is 0.523. 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 0.570, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Sanilac County, Michigan?
Since 2009, the income gap between men and women in Sanilac County, Michigan has narrowed from about 27% to 19% in 2023. In dollar terms, the gap has narrowed by $54 since 2009.