Wyandotte, Michigan Income Statistics
Wyandotte 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.
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B
Wyandotte Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Wyandotte | Michigan Avg | US Average |
|---|---|---|---|
| Median Household Income | $71,275 | $72,977 | $80,455 |
| Median Personal Income | $59,420 | $59,920 | $60,758 |
| Average Yearly Income Growth | 4.0% | 4.6% | 4.8% |
| Six-Figure Earners | 9.2% | 11.4% | 13.9% |
| $200k+ Households | 5.9% | 9.5% | 13.2% |
The median household income in Wyandotte is about 2% lower than in Michigan. Income has been growing slower in Wyandotte (4.0%/yr) than in Michigan (4.6%/yr).
About 9% of adults in Wyandotte 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 Wyandotte, Michigan grew by 38.6% from 2009 to 2024, reaching $71,275 in 2024. That's an average of about 4.0% per year.
Income Inequality and the Gender Pay Gap in Wyandotte
| Metric | Wyandotte | Michigan Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.500 | 0.539 | 0.552 |
| Male Median Income | $70,613 | $69,354 | $69,667 |
| Female Median Income | $58,816 | $54,749 | $56,850 |
| Gender Pay Gap | 16.7% | 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 Wyandotte, it is 0.500, 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 20% more than women's income in Wyandotte, Michigan. Over a 35-year career, a 20% wage gap accumulates to roughly $412,895 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Wyandotte, Michigan has narrowed from about 28% to 17% in 2024. Over that period the gap was widest at 34% in 2012. In dollar terms, the gap has narrowed by $2,359 since 2009.
Employment
| Metric | Wyandotte | Michigan Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.5% | 5.7% | 5.2% |
| Working from Home | 10.7% | 13.5% | 15.0% |
| Commute time (minutes) | 21 | 21 | 22 |
Approximately 448 people are unemployed in Wyandotte, Michigan.
The average commute time in Wyandotte is 21 minutes, about the same as in Michigan.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Wyandotte, Michigan has fallen from 10.8% to 3.5% in 2024. Over that period the rate peaked at 12.9% in 2013.
Wyandotte, MI Wealth Compared With Nearby Cities
How Wyandotte, MI compares with the 2 cities closest to it.
| 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. |
|---|---|---|---|---|---|
| Wyandotte, MI | 24,450 | $71,275 #1/3 | 4.0%/yr #2/3 | 3.5% #1/3 | 0.500 #2/3 |
| Lincoln Park, MI | 39,240 | $58,561 | 4.4%/yr | 8.4% | 0.534 |
| Southgate, MI | 29,366 | $67,038 | 3.3%/yr | 4.2% | 0.491 |
Conclusion
Considering all these factors, Wyandotte, Michigan has an overall wealth index grade of B, making it somewhat better than Michigan, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Wyandotte, Michigan.
How Rich Is Wyandotte, Michigan?
Wyandotte has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $71,275, about 2% lower than the Michigan average of $72,977.
Are incomes growing in Wyandotte, Michigan?
Between 2009 and 2024, the median household income in Wyandotte, Michigan rose 39%, from $51,408 to $71,275. Over the same years, income here lagged behind Michigan as a whole: +39% against +50%.
What was the median household income in Wyandotte in 2023?
In 2023, the median household income in Wyandotte, Michigan was $67,360, up 7% from $63,125 in 2022. The Michigan median that year was $71,362.
What was the median household income in Wyandotte in 2020?
In 2020, the median household income in Wyandotte, Michigan was $54,351. By 2024 it had risen 31% to $71,275.
How strong is the job market in Wyandotte, Michigan?
Unemployment in Wyandotte, Michigan is only 3.5%, well below the Michigan rate of 5.7%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Wyandotte, Michigan?
The Gini coefficient in Wyandotte is 0.500. 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 Wyandotte, Michigan?
Since 2009, the income gap between men and women in Wyandotte, Michigan has narrowed from about 28% to 17% in 2024. Over that period the gap was widest at 34% in 2012. In dollar terms, the gap has narrowed by $2,359 since 2009.
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