Economy & Jobs — Laurium, Michigan

Income & Employment

Median Household Income (Census)$54,167
Estimated 2026~$48,100
Per Capita Income$32,151
Poverty Rate16.0%
Unemployment Rate3.6%
In Labor Force866

Top Industries

IndustryShare
Education Healthcare31.5%
Retail17.5%
Manufacturing13.6%

Local Businesses (County)

TypeCount
Full Service Restaurants47
Fast Food24
Gas Stations16
Commercial Banks16
Insurance Agencies16
Bars16
Child Day Care14
Hotels Motels14
General Merchandise11
Physician Offices10
Auto Repair9
Dental Offices8
Chiropractors8
Grocery Stores7
Coffee Shops7
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.