Income & Economy in Skidway Lake, MI

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

Income Overview

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

Median Household Income

$34,320

-53% vs national

Per Capita Income

$18,252

-51% vs national

Poverty Rate

37.9%

+178% vs national

Gini Index

0.4055

0 = perfect equality

Unemployment

16.7%

+221% vs national

SNAP Recipients

35.5%

of households

How Skidway Lake Compares

Source: Census ACS (2023)

Skidway Lake vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Skidway Lake 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 Skidway Lake. The median household income here is $34,320.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
34.4%
$25-50K
37.7%
$50-75K
14.6%
$75-100K
5.9%
$100-150K
5.1%
$150-200K
2.3%

Employment Snapshot

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

Unemployment Rate

16.7%

+198% vs MI avg

Labor Force

930

Employed

775

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+

4.2%

of adults 25+

High School Diploma+

33.5%

of adults 25+

Median Age

42.5

Work from Home

4.8%

of workers

The median household income in Skidway Lake, MI is $34,320, which is 53.1% below the national average of $73,224. Per capita income is $18,252. The poverty rate of 37.9% is higher than the MI state average of 14.1%. The Gini index of income inequality is 0.4055, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 16.7%, compared to the state average of 5.6%. 4.2% of adults hold a bachelor's degree or higher.