Income & Economy in Alba, MI

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$91,458

+25% vs national

Per Capita Income

$28,116

-24% vs national

Poverty Rate

8.9%

-35% vs national

Gini Index

0.1984

0 = perfect equality

Unemployment

0.0%

-100% vs national

SNAP Recipients

0.9%

of households

How Alba Compares

Source: Census ACS (2023)

Alba vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Alba is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Alba. The median household income here is $91,458.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
6.2%
$50-75K
29.2%
$75-100K
37.2%
$100-150K
27.4%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

0.0%

-100% vs MI avg

Labor Force

183

Employed

183

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

12.8%

of adults 25+

High School Diploma+

41.1%

of adults 25+

Median Age

35.0

Work from Home

7.3%

of workers

The median household income in Alba, MI is $91,458, which is 24.9% above the national average of $73,224. Per capita income is $28,116. The poverty rate of 8.9% is lower than the MI state average of 14.1%. The Gini index of income inequality is 0.1984, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 0.0%, compared to the state average of 5.6%. 12.8% of adults hold a bachelor's degree or higher.