Market Population Trends

Employment Type

Age Grouping

Ethnicity Mix 2018

Fertility Rate

67 estimated births

Household Characteristics

Median Age over Time

Households with Children by Age

Median Household Income

Educational Attainment

Unemployment Rate

Type of Housing

Housing Values

Median mortgage payment for 2018: $882

Average Rent as Percentage of Gross Income

Median rent for 2018: $523

Average Commute

Primary Transportation

Gender Mix

Field of Employment

Estimated Consumer Expenditures

Category
Estimated Annual Spend (in 000's)
Food $3,677
--Home Prepared Food $2,072
--Restaurant/Takeaway Food $1,605
Alcoholic Beverages $270
Housing $9,321
--Rent/Mortgage/Upkeep/Taxes $5,450
--Utilities $1,879
--Operations $708
--Supplies $347
--Furnishings $941
Apparel $865
--Men & Boys $193
--Women & Girls $350
--Children < 2 $4
--Footwear $182
Transportation $4,527
--New Vehicles $846
--Used Vehicles $967
--Fuel $978
--Insurance $452
--Public Transit $379
Healthcare $2,306
Entertainment $1,496
--Pets $306
--Toys $73
Personal Care Products $358
Books & Literature $51
Education $653
Tobacco Products $161
Miscellaneous $460
Retirement $876
Non-health Insurance $3,385
Total Expenditures $28,403

Selected Population Data

Period Geography Population
2014 Laurium village, Michigan 2,001
2015 Laurium village, Michigan 1,906
2016 Laurium village, Michigan 2,007
2017 Laurium village, Michigan 2,147
2018 Laurium village, Michigan 2,179