Ypsilanti, Michigan Income Statistics
Ypsilanti 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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D
Ypsilanti Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Ypsilanti | Michigan Avg | US Average |
|---|---|---|---|
| Median Household Income | $45,713 | $72,977 | $80,455 |
| Median Personal Income | $47,245 | $59,920 | $60,758 |
| Average Yearly Income Growth | 4.1% | 4.6% | 4.8% |
| Six-Figure Earners | 5.9% | 11.4% | 13.9% |
| $200k+ Households | 4.0% | 9.5% | 13.2% |
The median household income in Ypsilanti is about 37% lower than in Michigan. Income has been growing slower in Ypsilanti (4.1%/yr) than in Michigan (4.6%/yr).
About 6% of adults in Ypsilanti 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 Ypsilanti, Michigan grew by 35.8% from 2009 to 2024, reaching $45,713 in 2024. That's an average of about 4.1% per year.
Income Inequality and the Gender Pay Gap in Ypsilanti
| Metric | Ypsilanti | Michigan Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.521 | 0.539 | 0.552 |
| Male Median Income | $54,230 | $69,354 | $69,667 |
| Female Median Income | $47,085 | $54,749 | $56,850 |
| Gender Pay Gap | 13.2% | 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 Ypsilanti, it is 0.521, 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 15% more than women's income in Ypsilanti, Michigan. Over a 35-year career, a 15% wage gap accumulates to roughly $250,075 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Ypsilanti, Michigan has narrowed from about 25% to 13% in 2024. Over that period the gap was narrowest at 2% in 2010. In dollar terms, the gap has narrowed by $3,908 since 2009.
Employment
| Metric | Ypsilanti | Michigan Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 8.9% | 5.7% | 5.2% |
| Working from Home | 16.9% | 13.5% | 15.0% |
| Commute time (minutes) | 22 | 21 | 22 |
Approximately 1,041 people are unemployed in Ypsilanti, Michigan.
The average commute time in Ypsilanti is 22 minutes, longer than the 21 minutes in Michigan.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Ypsilanti, Michigan has fallen from 13.0% to 8.9% in 2024. Over that period the rate peaked at 14.8% in 2013 and fell as low as 8.0% in 2023.
Ypsilanti, MI Wealth Compared With Nearby Cities
How Ypsilanti, MI compares with the 1 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. |
|---|---|---|---|---|---|
| Ypsilanti, MI | 20,682 | $45,713 #2/2 | 4.1%/yr #2/2 | 8.9% #2/2 | 0.521 #1/2 |
| Ann Arbor, MI | 120,009 | $82,763 | 4.5%/yr | 4.0% | 0.562 |
Conclusion
Considering all these factors, Ypsilanti, Michigan has an overall wealth index grade of D, making it somewhat worse than Michigan, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Ypsilanti, Michigan.
How Rich Is Ypsilanti, Michigan?
Ypsilanti 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 $45,713, about 37% lower than the Michigan average of $72,977.
How fast is household income rising in Ypsilanti, Michigan?
Between 2009 and 2024, the median household income in Ypsilanti, Michigan rose 36%, from $33,653 to $45,713. Over the same years, income here lagged behind Michigan as a whole: +36% against +50%.
What was the median household income in Ypsilanti in 2023?
In 2023, the median household income in Ypsilanti, Michigan was $44,088, up 2% from $43,361 in 2022. The Michigan median that year was $71,362.
What was the median household income in Ypsilanti in 2020?
In 2020, the median household income in Ypsilanti, Michigan was $40,005. By 2024 it had risen 14% to $45,713.
Is it hard to find a job in Ypsilanti, Michigan?
Unemployment in Ypsilanti, Michigan is 8.9%, well above the Michigan rate of 5.7%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Ypsilanti, Michigan?
The Gini coefficient in Ypsilanti is 0.521. 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 Ypsilanti, Michigan?
Since 2009, the income gap between men and women in Ypsilanti, Michigan has narrowed from about 25% to 13% in 2024. Over that period the gap was narrowest at 2% in 2010. In dollar terms, the gap has narrowed by $3,908 since 2009.
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