Income & Economy in Pentwater, MI

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

Income Overview

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

Median Household Income

$76,688

+5% vs national

Per Capita Income

$59,430

+60% vs national

Poverty Rate

11.4%

-16% vs national

Gini Index

0.5478

0 = perfect equality

Unemployment

7.6%

+46% vs national

SNAP Recipients

14.9%

of households

How Pentwater Compares

Source: Census ACS (2023)

Pentwater vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Pentwater 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 Pentwater. The median household income here is $76,688.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
14.9%
$25-50K
18.1%
$50-75K
14.0%
$75-100K
26.1%
$100-150K
13.5%
$150-200K
3.0%
$200K+
10.5%

Employment Snapshot

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

Unemployment Rate

7.6%

+36% vs MI avg

Labor Force

316

Employed

292

Mean Commute

13 min

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+

49.7%

of adults 25+

High School Diploma+

65.2%

of adults 25+

Median Age

65.4

Work from Home

30.1%

of workers

The median household income in Pentwater, MI is $76,688, which is 4.7% above the national average of $73,224. Per capita income is $59,430. The poverty rate of 11.4% is lower than the MI state average of 14.1%. The Gini index of income inequality is 0.5478, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 7.6%, compared to the state average of 5.6%. 49.7% of adults hold a bachelor's degree or higher. The average commute time is 13 minutes, with 30.1% working from home.