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Michigan has a population of approximately 10,062,512 and experiences a population change rate of 1.25%. The population density is 178 / sq mi .
The median household income for Michigan is $63,202, with 3,976,729 households and an average household size of 2.48.
The median value of a home in Michigan is $218,700 with an appreciation rate of 13.60%. 62.86% of housing in the state is owned while 24.22% is rented.
The cost of living in Michigan is 96.7 %.
The unemployment rate in Michigan is 2.90%, and recent job growth is at 2.38%. Future job growth is projected at 42.25%.
The sales tax rate in Michigan is 6.00%, while the income tax rate is 4.25% .
School expenditures in Michigan are $13,698, and the school ratio is 17.3:1.
The average high temperature in July is 81.2 degrees, with an average low temperature in January of 14.1 degrees. The average rainfall is approximately 33.8 inches per year, with 63.7 inches of snow per year.