Michigan

Did You Know?

The City of Detroit is in a state of financial crisis, and Michigan’s unemployment rate exceeds 9% (although this figure is down nearly 50% since 2009). The good news is that taxpayers face a relatively low tax burden of 9.8%, a flat statewide sales tax of 6%, and a flat income tax of 4.25%.

Michigan’s Visual Statistics

  • 131216_TaxBurdenFinals_MichiganIndividual Tax Burdens
  • Michigan-revenueState Tax Revenue Sources
  • Michigan-weekly-wageAverage Weekly Earnings by State
  • Michigan-unemploymentUnemployment

Source: U.S. Census Bureau and U.S. Bureau of Labor Statistics

Taxes at a Glance

State Tax Agency Michigan Taxes ― Department of Treasury
Taxes Paid per Capita $3,503
Property Taxes Paid Per Capita $1,445
Income Taxes Paid Per Capita $555
State and Local Tax Collections (in thousands) $35,705,634
Per Capita Income $35,588
Tax Burden 9.8%

Sales Tax Rate in Michigan

Sales Tax Rate 6%
Local Rate Range 6%

Tax Rate

Flat Tax Rate 4.25%
Personal Exemptions
Single $3,763
Married $7,526
Dependents $3,763
Federal Income Tax Deductible? No

General Revenue

General revenue from own sources $56,352,420
Taxes $36,102,277
Property $13,568,841
Sales and Gross Receipts $13,189,897
General Sales $9,477,156
Selective Sales $3,712,741
Motor Fuel $975,032
Alcohol $143,423
Tobacco $976,519
Public Utilities $94,953
Other Selective Sales $1,522,814
Individual Income $6,799,283
Corporate Income $719,890
Motor Vehicle Licensing $891,018
Other Taxes $933,348
Source: United States Census Bureau

Michigan’s Population, 2003-2012

Michigan’s current population is the 9th in the nation for total number of residents, representing a 3.5% increase over the last 10 years.

2012 9,883,360
2011 9,876,801
2010 9,883,640
2009 9,901,591
2008 9,946,889
2007 10,001,284
2006 10,036,081
2005 10,051,137
2004 10,055,315
2003 10,041,152
Source: United States Census Bureau

Michigan’s Five Most Populated Cities

Detroit 701,475
Grand Rapids 190,411
Warren 134,141
Sterling Heights 130,410
Lansing 113,996
Source: United States Census Bureau

Michigan’s Median Household Income

Michigan’s 2012 median household income was 2% below the national average and was ranked 25th in the country.

2012 $50,015
2011 $48,879
2010 $46,276
2009 $45,994
2008 $49,788
2007 $49,370
2006 $48,647
2005 $45,933
2004 $42,256
2003 $45,022
Source: United States Census Bureau

Michigan’s Employment Data

Minimum Wage $7.40 per hour
Michigan is tied for the 11th highest minimum wage in the United States
Unemployment Rate as of October 2013 9.0%
Historical High 16.8%, December 1982
Historical Low 3.3%, March 2000

Unemployment 2003-2012

2012 9.1%
2011 10.3%
2010 12.5%
2009 13.6%
2008 8.4%
2007 7.2%
2006 6.9%
2005 6.7%
2004 7.1%
2003 7.3%

Michigan’s Annual Averages for Employee Hours and Wages

Average Weekly Hours Average Hourly Earnings Average Weekly Earnings
2012 34.2 $22.44 $767.45
2011 34.2 $22.34 $764.03
2010 33.7 $22.26 $750.16

Michigan’s Top 5 Employers

Employer # of MI employees 2012 revenue
University of Michigan 23,316 $5,939,588,000
Detroit Receiving Hospital 16,400 $866,826,688
Spectrum Health Blodgett Hospital 15,000 n/a
Beaumont Hospital 14,950 $446,238,448
Delphi Thermal Systems 11,000 $15,500,000,000
Courtesy of America’s Care InfoNet

Michigan’s City-Specific Tax Help

Sources