Now Let's Analyze Laurium, MI

The labor force participation rate in Laurium is 60.4%, with an unemployment rate of 3.4%. For those of you within the labor pool, the typical commute time is 17.9 minutes. 8.5% of Laurium’s populace have a graduate diploma, and 17.4% have a bachelors degree. Among the people without a college degree, 37.2% attended at least some college, 29.6% have a high school diploma, and just 7.4% have received an education significantly less than high school. 5% are not included in medical insurance.

The average family unit size in Laurium, MI is 3.38 family members members, with 83.2% being the owner of their very own residences. The average home appraisal is $70577. For people leasing, they pay on average $525 per month. 59.5% of households have dual sources of income, and a median household income of $40125. Average individual income is $24688. 12% of inhabitants exist at or below the poverty line, and 11.8% are considered disabled. 8.5% of citizens are former members associated with the armed forces of the United States.

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