Economy & Jobs — Memphis, Michigan
Income & Employment
| Median Household Income (Census) | $57,222 |
|---|
| Estimated 2026 | ~$69,400 |
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| Per Capita Income | $29,707 |
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| Poverty Rate | 24.7% |
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| Unemployment Rate | 4.3% |
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| In Labor Force | 547 |
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Top Industries
| Industry | Share |
|---|
| Manufacturing | 22.2% |
| Education Healthcare | 22.2% |
| Construction | 11.9% |
Local Businesses (County)
| Type | Count |
|---|
| Physician Offices | 781 |
| Fast Food | 756 |
| Full Service Restaurants | 611 |
| Dental Offices | 410 |
| Insurance Agencies | 292 |
| Law Offices | 289 |
| Home Health | 279 |
| Beauty Salons | 235 |
| Gas Stations | 230 |
| Auto Repair | 218 |
| Real Estate Offices | 172 |
| Liquor Stores | 167 |
| Commercial Banks | 160 |
| Coffee Shops | 131 |
| Chiropractors | 123 |
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.
