In 2017, Dearborn, MI had a population of 95.3k people with a median age of 32.2 and a median household income of $50,329. Between 2016 and 2017 the population of Dearborn, MI declined from 95,520 to 95,295, a -0.236% decrease, and its median household income grew from $48,421 to $50,329, a 3.94% increase.
The population of Dearborn, MI is 88.1% White Alone, 3.75% Black or African American Alone, and 3% Two or More Races. N/A% of the people in Dearborn, MI speak a non-English language, and 90.7% are U.S. citizens.
The largest universities in Dearborn, MI are the University of Michigan-Dearborn (2,208 degrees awarded in 2017) and Henry Ford College (1,514 degrees).
The median property value in Dearborn, Michigan is $124,200 dollars, and the homeownership rate is 66.1 percent. Most people in Dearborn, MI commute by Drove Alone, and the average commute time is 20.2 minutes. The average car ownership in Dearborn, MI is 2 cars per household.
In 2017, universities in Dearborn, MI awarded 3,722 degrees. The student population of Dearborn, MI is skewed towards men, with 11,258 male students and 10,858 female students.
Most students graduating from Universities in Dearborn, MI are White (2,189 and 65.4%), followed by Black or African American (419 and 12.5%), Unknown (352 and 10.5%), and Asian (170 and 5.08%).
The largest universities in Dearborn, MI by the number of degrees awarded are the University of Michigan-Dearborn (2,208 and 59.3%) and Henry Ford College (1,514 and 40.7%).
The most popular majors in Dearborn, MI are General Business Administration & Management (253 and 6.8%), Liberal Arts & Sciences (241 and 6.48%), and Registered Nursing (232 and 6.23%).
The median tuition costs in Dearborn, MI are $N/A for private four-year colleges, and $7,934 and $14,939 respectively, for public four-year colleges for in-state students and out-of-state students.
The economy of Dearborn, MI employs 36k people and Dearborn has an unemployment rate of 3.4%. Dearborn has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 37.3 percent, which is higher than the US average of 33.5 percent. The largest industries in Dearborn, MI are Manufacturing (6,171 people), Retail Trade (5,208 people), and Health Care & Social Assistance (4,883 people), and the highest paying industries are Utilities ($83,553), Management of Companies & Enterprises ($74,375), and Manufacturing ($54,591).
Households in Dearborn, MI have a median annual income of $50,329, which is less than the median annual income of $61,937 across the entire United States. This is in comparison to a median income of $48,421 in 2016, which represents a 3.94% annual growth.
Tax Rates for Dearborn
– The Sales Tax Rate for Dearborn is 6.0%.
– The Income Tax Rate for Dearborn is 4.3%.
– Tax Rates can have a big impact when Comparing the Cost of Living.
Income and Salaries for Dearborn
– The average income of a Dearborn resident is $21,311 a year.
– The Median household earning of a Dearborn resident is $46,776 dollars a year.