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Regional Demographic-Economic Modeling System Michigan Briefing Notes Updated: 06/27/16 .. See notes about using these data. This section presents a summary of selected key demographic-economic measures and trends for Michigan in comparison with the U.S. Use this section to facilitate briefings to others and to obtain a snapshot of current and trending conditions. These data are mostly taken from the more detailed tables available as links at the bottom of this section. This section and related detailed tables update frequently. The Michigan Census 2010 population was 9,883,640, changing from 9,295,297 (1990) and 9,938,444 (2000). .. the population changed from 9,877,369 (7/1/10) to 9,922,576 (7/1/15), a change of 45,207 ( 0.5%). .. the U.S. population changed from 309,346,863 (7/1/10) to 321,418,820 (7/1/15), a change of 12,071,957 ( 3.9%). .. the average annual net migration for 2011 through 2015 for this area was -13,157. .. the average annual natural increase (births-deaths) for 2011 through 2015 for this area was 23,035. .. the median age in 2014 for this area was 39.6 years compared to 37.7 years for the U.S. The Michigan per capita real GDP changed from $38,982 (2010) to $42,231 (2015), a change of $3,250 ( 8.3%). .. the U.S. per capita real GDP changed from $47,287 (2010) to $49,851 (2015), a change of $2,564 ( 5.4%). The Michigan per capita personal income changed from $35,199 (2010) to $40,740 (2014), a change of $5,541 ( 15.7%). .. the U.S. per capita personal income changed from $40,277 in 2010 to $46,049 in 2014, a change of $5,772 ( 14.3%). .. the median household income changed from $45,354 in 2010 to $49,755 in 2014, a change of $4,401 ( 9.7%). .. the median household income in 2014 for this area was $49,755 compared to $53,657 for the U.S. .. the mean household income in 2014 for this area was $66,794 compared to $75,591 for the U.S. The population 25 years and over in 2014 for this area was 6,680,525 compared to 213,725,624 for the U.S. .. the percent with a bachelor's degree in 2014 for this area was 27.4% compared to 30.1% for the U.S. The population 5 years and over in 2014 for this area was 9,340,973 compared to 299,084,046 for the U.S. .. the population who speak English less than "very well" in 2014 for this area was 93,351 ( 1.0%) compared to 16,388,318 ( 5.5%) for the U.S. The population 16 years and over in 2014 for this area was 7,957,568 compared to 253,588,947 for the U.S. .. the unemployment rate in 2014 for this area was 8.3% compared to 7.2% for the U.S. The number of housing units in Michigan changed from 4,531,927 (7/1/10) to 4,550,296 (7/1/15), a change of 18,369 ( 0.4%). .. the U.S. number of housing changed from 131,823,007 (7/1/10) to 134,812,791 (7/1/15), a change of 2,989,784 ( 2.3%). .. the number of occupied housing units (households) in 2014 for this area was 3,834,574 compared to 117,259,427 for the U.S. .. the homeowner vacancy rate in 2014 for this area was 2.0 compared to 1.9 for the U.S. .. the rental vacancy rate in 2014 for this area was 5.9 compared to 6.3 for the U.S. .. the average household size of owner-occupied unit in 2014 for this area was 2.60 compared to 2.71 for the U.S. .. the average household size of renter-occupied unit in 2014 for this area was 2.34 compared to 2.55 for the U.S. .. median housing value in 2014 for this area was $125,700 compared to $181,200 for the U.S. .. the median gross rent in 2014 for this area was $788 compared to $934 for the U.S. Tables available for this area: Briefing Notes - Narrative Overview POP1 Population, Components of Change, Race/Origin, Age DEM1 Demographic-Economic Profile LF1 Labor Force CA4 Personal Income and Employment by Major Component CA5 Personal Income by Major Component and Earnings by Industry CA6 Compensation of Employees by Industry CA25 Employment by Industry CA30 Economic Profile CA35 Current Transfer Receipts CA45 Farm Income & Expenses About RDEMS and these Data This section provides an overview of selected demographic, economic and business characteruistics for this area. This document and related data have been developed usng the ProximtyOne Regional Demographic Economic Modeling System (RDEMS). These data are available for the U.S. by county, metro and state for annually for the period 2010 through 2021 developed using the ProximityOne RDEMS. The RDEMS modeling component is used to develop current year estimates and 5-year annual projections. Support Using these Resources Learn more about demographic economic data and related analytical tools. Join us in a Data Analytics Lab session. There is no fee for these one-hour informal Web sessions. The open structure provides for Q&A and discussion of application issues of interest to participants. ProximityOne User Group Join the ProximityOne User Group to keep up-to-date with new developments relating to children's demographics and school district decision-making information resources. Receive updates and access to tools and resources available only to members. Use this form to join the User Group. Additional Information ProximityOne develops geographic-demographic-economic data and analytical tools and helps organizations knit together and use diverse data in a decision-making and analytical framework. We develop custom demographic/economic estimates and projections, develop geographic and geocoded address files, and assist with impact and geospatial analyses. Wide-ranging organizations use our tools (software, data, methodologies) to analyze their own data integrated with other data. Follow ProximityOne on Twitter at www.twitter.com/proximityone. Contact ProximityOne (888-364-7656) with questions about data covered in this section or to discuss custom estimates, projections or analyses for your areas of interest. |
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