Income & Economy in Mackinac Island, MI

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

Income Overview

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

Median Household Income

$100,125

+37% vs national

Per Capita Income

$46,601

+25% vs national

Poverty Rate

17.3%

+27% vs national

Gini Index

0.4320

0 = perfect equality

Unemployment

9.1%

+75% vs national

SNAP Recipients

2.9%

of households

How Mackinac Island Compares

Source: Census ACS (2023)

Mackinac Island vs Similar Cities

Source: Census ACS (2023)

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

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

📊

Where Do You Stack Up?

Enter your household income to see how you compare to other households in Mackinac Island. The median household income here is $100,125.

$

Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
6.9%
$25-50K
11.8%
$50-75K
20.1%
$75-100K
10.8%
$100-150K
29.4%
$150-200K
13.2%
$200K+
7.8%

Employment Snapshot

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

Unemployment Rate

9.1%

+62% vs MI avg

Labor Force

462

Employed

420

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+

27.8%

of adults 25+

High School Diploma+

46.8%

of adults 25+

Median Age

39.8

Work from Home

8.2%

of workers

The median household income in Mackinac Island, MI is $100,125, which is 36.7% above the national average of $73,224. Per capita income is $46,601. The poverty rate of 17.3% is higher than the MI state average of 14.1%. The Gini index of income inequality is 0.4320, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 9.1%, compared to the state average of 5.6%. 27.8% of adults hold a bachelor's degree or higher.