Income & Economy in Saginaw, MI
Household income, poverty rates, employment, and economic data — 2023 ACS Data
Income Overview
Source: U.S. Census Bureau ACS (2023)Median Household Income
$37,298
-49% vs national
Per Capita Income
$20,522
-45% vs national
Poverty Rate
33.5%
+146% vs national
Gini Index
0.4546
0 = perfect equality
Unemployment
11.5%
+121% vs national
SNAP Recipients
41.3%
of households
How Saginaw Compares
Source: Census ACS (2023)Saginaw vs Similar Cities
Source: Census ACS (2023)Compared to cities with 25,000 - 50,000 residents. Saginaw 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 Saginaw. The median household income here is $37,298.
Income Distribution
Source: U.S. Census Bureau ACS (2023)Employment Snapshot
Source: U.S. Census Bureau ACS (2023)Unemployment Rate
11.5%
+105% vs MI avg
Labor Force
18,286
Employed
16,187
Mean Commute
18 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+
7.8%
of adults 25+
High School Diploma+
31.4%
of adults 25+
Median Age
36.2
Work from Home
6.8%
of workers
The median household income in Saginaw, MI is $37,298, which is 49.1% below the national average of $73,224. Per capita income is $20,522. The poverty rate of 33.5% is higher than the MI state average of 14.1%. The Gini index of income inequality is 0.4546, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 11.5%, compared to the state average of 5.6%. 7.8% of adults hold a bachelor's degree or higher. The average commute time is 18 minutes, with 6.8% working from home.