Economy & Jobs — Houghton, Michigan
Income & Employment
| Median Household Income (Census) | $43,456 |
|---|
| Estimated 2026 | ~$40,400 |
|---|
| Per Capita Income | $27,698 |
|---|
| Poverty Rate | 40.1% |
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| Unemployment Rate | 10.2% |
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| In Labor Force | 4,122 |
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Top Industries
| Industry | Share |
|---|
| Education Healthcare | 50.5% |
| Arts Food | 13.6% |
| Retail | 12.6% |
Local Businesses (County)
| Type | Count |
|---|
| Full Service Restaurants | 47 |
| Fast Food | 24 |
| Gas Stations | 16 |
| Commercial Banks | 16 |
| Insurance Agencies | 16 |
| Bars | 16 |
| Child Day Care | 14 |
| Hotels Motels | 14 |
| General Merchandise | 11 |
| Physician Offices | 10 |
| Auto Repair | 9 |
| Dental Offices | 8 |
| Chiropractors | 8 |
| Grocery Stores | 7 |
| Coffee Shops | 7 |
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.
