Economy & Jobs — Watersmeet, Michigan

Income & Employment

Median Household Income (Census)$63,452
Estimated 2026~$69,200
Per Capita Income$31,190
Poverty Rate14.1%
Unemployment Rate0.0%
In Labor Force129

Top Industries

IndustryShare
Retail33.6%
Arts Food22.7%
Public Admin11.8%

Local Businesses (County)

TypeCount
Full Service Restaurants22
Hotels Motels13
Gas Stations11
Insurance Agencies8
Fast Food7
Auto Repair6
General Merchandise5
Commercial Banks5
Grocery Stores4
Child Day Care4
Coffee Shops4
Bakeries4
Real Estate Offices3
Law Offices3
Accounting Firms3
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.