Bay City Michigan Household Income
The Census ACS 1-year survey reports that the median household income for the Bay City Michigan metro area was $56,911 in 2021, the latest figures available. Bay City median household income is $6,587 lower than the median Michigan household income and $12,806 less than the US median household income. 2022 metro income data (including Bay City median household income) will be released in September of 2023. Median family and per capita income for Bay City are shown below.
Note: 2020 data is interpolated as the ACS release for the year was incomplete due to data gathering issues related to the pandemic.
Real Median Household Income for Bay City Michigan
| 2021 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | $69,717 | -1.64% | +4.32% |
| Michigan | $63,498 | -1.42% | +3.80% |
| Bay City | $56,911 | +2.09% | +4.23% |
Trends in Bay City, MI Real Median Household Income since 2005
The current median household income for Bay city is $56,911. Real median household income peaked in 2008 at $57,917 and is now $1,006 (1.74%) lower. From a post peak low of $48,091 in 2013, real median household income for Bay city has now grown by $8,820 (18.34%).
Real Median Household Income: Bay City, Michigan, National
Historical Inflation Adjusted Median Household Income for Bay City
| Date | US | Michigan | Bay City |
|---|---|---|---|
| 2021 | $69,717 | $63,498 | $56,911 |
| 2020 | $70,877 | $64,415 | $55,748 |
| 2019 | $69,638 | $63,144 | $52,574 |
| 2018 | $66,828 | $61,174 | $54,602 |
| 2017 | $66,687 | $60,689 | $49,482 |
| 2016 | $65,052 | $59,265 | $50,531 |
| 2015 | $63,784 | $58,419 | $53,245 |
| 2014 | $61,468 | $57,103 | $53,663 |
| 2013 | $60,869 | $56,236 | $48,091 |
| 2012 | $60,732 | $55,397 | $52,665 |
| 2011 | $60,969 | $55,511 | $52,348 |
| 2009 | $63,573 | $57,287 | $55,735 |
| 2007 | $66,465 | $62,810 | $55,508 |
| 2005 | $64,310 | $64,028 | $57,554 |
Bay City Family Income
The ACS 1-year data shows the median family income for Bay City was $73,415 in 2021. Compared to the median Michigan family income, Bay City median family income is $7,108 lower. As with the median household income data, 2022 family income data for Bay City will be released in September of 2023.
Real Median Family Income for Bay City Michigan
| 2021 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | $85,806 | -1.68% | +4.09% |
| Michigan | $80,523 | -1.51% | +3.60% |
| Bay City | $73,415 | -0.33% | +12.07% |
Trends in Bay City, MI Real Median Family Income since 2005
The current median family income for Bay city is $73,415. Real median family income peaked in 2020 at $73,657 and is now $242 (0.33%) lower.
Real Median Family Income: Bay City, Michigan, National
Historical Inflation Adjusted Median Family Income for Bay City
| Date | US | Michigan | Bay City |
|---|---|---|---|
| 2021 | $85,806 | $80,523 | $73,415 |
| 2020 | $87,269 | $81,761 | $73,657 |
| 2019 | $85,780 | $80,226 | $71,350 |
| 2018 | $82,434 | $77,724 | $65,511 |
| 2017 | $81,669 | $76,997 | $61,969 |
| 2016 | $80,231 | $76,018 | $62,850 |
| 2015 | $78,061 | $73,067 | $65,563 |
| 2014 | $75,505 | $71,189 | $73,154 |
| 2013 | $74,593 | $70,883 | $62,729 |
| 2012 | $73,920 | $70,099 | $66,356 |
| 2011 | $74,192 | $70,103 | $67,323 |
| 2009 | $77,322 | $71,751 | $64,190 |
| 2007 | $80,131 | $78,095 | $69,739 |
| 2005 | $77,647 | $79,657 | $71,474 |
Bay City Per Capita Income
The ACS 1-year survey shows the per capita income for Bay City was $32,398 in 2021. Compared to the median Michigan per capita income, Bay City median per capita income is $2,955 lower. As with the median household and median family income numbers above, 2022 per capita income data for Bay City will be released in September of 2023.
Real Per Capita Income for Bay City Michigan
| 2021 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | $38,332 | -1.03% | +5.01% |
| Michigan | $35,353 | -1.02% | +3.99% |
| Bay City | $32,398 | -0.67% | +5.07% |
Trends in Bay City, MI Real Per Capita Income since 2005
The current per capita income for Bay city is $32,398. Real per capita income peaked in 2020 at $32,615 and is now $217 (0.67%) lower.
Real Per Capita Income: Bay City, Michigan, National
Historical Real Per Capita Income for Bay City
| Date | US | Michigan | Bay City |
|---|---|---|---|
| 2021 | $38,332 | $35,353 | $32,398 |
| 2020 | $38,730 | $35,716 | $32,615 |
| 2019 | $37,803 | $34,857 | $31,710 |
| 2018 | $36,503 | $33,996 | $30,834 |
| 2017 | $35,807 | $33,697 | $28,696 |
| 2016 | $35,145 | $32,886 | $28,708 |
| 2015 | $34,284 | $31,866 | $26,627 |
| 2014 | $33,094 | $30,487 | $30,226 |
| 2013 | $32,833 | $30,194 | $26,977 |
| 2012 | $32,297 | $29,643 | $27,653 |
| 2011 | $32,243 | $29,468 | $28,030 |
| 2009 | $33,430 | $30,036 | $28,767 |
| 2007 | $34,959 | $32,507 | $29,402 |
| 2005 | $34,817 | $33,905 | $30,465 |
