Income & Economy in Cedar Springs, MI

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

Income Overview

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

Median Household Income

$56,711

-23% vs national

Per Capita Income

$26,797

-28% vs national

Poverty Rate

25.3%

+86% vs national

Gini Index

0.4027

0 = perfect equality

Unemployment

4.9%

-6% vs national

SNAP Recipients

24.4%

of households

How Cedar Springs Compares

Source: Census ACS (2023)

Cedar Springs vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Cedar Springs 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 Cedar Springs. The median household income here is $56,711.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
28.0%
$25-50K
16.1%
$50-75K
21.6%
$75-100K
13.0%
$100-150K
16.3%
$150-200K
3.4%
$200K+
1.6%

Employment Snapshot

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

Unemployment Rate

4.9%

-13% vs MI avg

Labor Force

1,928

Employed

1,834

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+

9.8%

of adults 25+

High School Diploma+

39.3%

of adults 25+

Median Age

39.3

Work from Home

5.5%

of workers

The median household income in Cedar Springs, MI is $56,711, which is 22.6% below the national average of $73,224. Per capita income is $26,797. The poverty rate of 25.3% is higher than the MI state average of 14.1%. The Gini index of income inequality is 0.4027, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 4.9%, compared to the state average of 5.6%. 9.8% of adults hold a bachelor's degree or higher.