Economy & Jobs — Parchment, Michigan
Income & Employment
| Median Household Income (Census) | $72,798 |
|---|
| Estimated 2026 | ~$62,200 |
|---|
| Per Capita Income | $36,122 |
|---|
| Poverty Rate | 6.6% |
|---|
| Unemployment Rate | 8.1% |
|---|
| In Labor Force | 1,219 |
|---|
Top Industries
| Industry | Share |
|---|
| Education Healthcare | 32.0% |
| Manufacturing | 18.9% |
| Retail | 7.6% |
Local Businesses (County)
| Type | Count |
|---|
| Fast Food | 218 |
| Full Service Restaurants | 205 |
| Physician Offices | 128 |
| Dental Offices | 104 |
| Insurance Agencies | 98 |
| Law Offices | 85 |
| Child Day Care | 66 |
| Auto Repair | 63 |
| Grocery Stores | 60 |
| Real Estate Offices | 57 |
| Gas Stations | 54 |
| Beauty Salons | 54 |
| Commercial Banks | 52 |
| Coffee Shops | 45 |
| Liquor Stores | 42 |
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.
