Income & Economy in Lowell, MI

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

Income Overview

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

Median Household Income

$71,406

-2% vs national

Per Capita Income

$32,848

-12% vs national

Poverty Rate

9.1%

-33% vs national

Gini Index

0.4488

0 = perfect equality

Unemployment

2.5%

-53% vs national

SNAP Recipients

7.7%

of households

How Lowell Compares

Source: Census ACS (2023)

Lowell vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Lowell 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 Lowell. The median household income here is $71,406.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
18.2%
$25-50K
21.3%
$50-75K
13.7%
$75-100K
21.1%
$100-150K
14.9%
$150-200K
5.8%
$200K+
5.0%

Employment Snapshot

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

Unemployment Rate

2.5%

-56% vs MI avg

Labor Force

1,786

Employed

1,742

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+

17.7%

of adults 25+

High School Diploma+

34.9%

of adults 25+

Median Age

36.5

Work from Home

7.1%

of workers

The median household income in Lowell, MI is $71,406, which is 2.5% below the national average of $73,224. Per capita income is $32,848. The poverty rate of 9.1% is lower than the MI state average of 14.1%. The Gini index of income inequality is 0.4488, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 2.5%, compared to the state average of 5.6%. 17.7% of adults hold a bachelor's degree or higher.