Michigan Household Income Indicators (2024)

Median Income

$72,875

Total Households

4,076,369

High Earners ($150k+)

18.2%

Very Low (<$20k)

12.2%

Michigan Household Income Distribution Chart

Income Distribution for
Figure 1: Percentage of households per income bracket in Michigan (2024).

Michigan Household Income Breakdown by Bracket

Economic ClassPercentage
Very Low <$20k12.2%
Low $20k-34k10.9%
Lower Middle $35k-49k11.4%
Middle $50k-74k16.8%
Upper Middle $75k-149k30.5%
High $150k+18.2%



Household Income FAQs for Michigan

The median household income in Michigan is $72,875.

In recent years, the median household income in Michigan has increased by 50.5%.