Economy & Jobs — Shepherd, Michigan

Income & Employment

Median Household Income (Census)$70,156
Estimated 2026~$87,300
Per Capita Income$28,302
Poverty Rate17.0%
Unemployment Rate0.9%
In Labor Force767

Top Industries

IndustryShare
Education Healthcare28.5%
Arts Food14.7%
Manufacturing14.1%

Local Businesses (County)

TypeCount
Physician Offices54
Full Service Restaurants52
Fast Food47
Gas Stations28
Commercial Banks24
Dental Offices22
Insurance Agencies18
Law Offices17
Real Estate Offices16
Child Day Care15
General Merchandise14
Beauty Salons14
Coffee Shops14
Home Health13
Auto Repair12
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.