The median household income in Shepherd, MI in 2022 was $73,336, which was 8.7% greater than the median annual income of $66,986 across the entire state of Michigan. Compared to the median income of $40,804 in 2000 this represents an increase of 44.4%. The per capita income in 2022 was $28,206, which means an increase of 37.3% compared to 2000 when it was $17,689.
Whole page based on the data from 2000 / 2022 when the population of Shepherd, Michigan was 1,536 / 1,412
Income statistics for all residents
Median household income in Shepherd, MI in 2022:
Shepherd:
$73,337
State:
$66,986
Change in median household income between 2000 and 2022:
Shepherd, Michigan:
+79.7%
State:
+50.0%
Number of households with income < $10k:
Shepherd:
1.5% (8)
State:
5.7% (231,223)
Number of households with income $10k - 20k:
Shepherd:
6.0% (31)
State:
7.5% (306,955)
Number of households with income $20k - 30k:
Shepherd:
9.7% (50)
Michigan:
7.9% (324,153)
Number of households with income $30k - 40k:
Shepherd:
7.9% (41)
State:
8.3% (341,408)
Number of households with income $40k - 50k:
Shepherd:
7.0% (36)
Michigan:
7.9% (322,255)
Number of households with income $50k - 60k:
Shepherd:
6.8% (35)
State:
7.5% (305,914)
Number of households with income $60k - 75k:
Shepherd:
12.0% (62)
State:
10.1% (414,440)
Number of households with income $75k - 100k:
Shepherd:
25.9% (134)
State:
13.2% (538,299)
Number of households with income $100k - 125k:
Shepherd:
10.6% (55)
State:
9.7% (396,282)
Number of households with income $125k - 150k:
Shepherd:
8.1% (42)
State:
6.7% (273,144)
Number of households with income $150k - 200k:
Shepherd:
2.3% (12)
Michigan:
7.5% (305,077)
Number of households with income > $200k:
Shepherd:
2.1% (11)
Michigan:
8.1% (330,644)
Aggregate household income in Shepherd in 2022: $37,975,341
Median family income in Shepherd in 2022:
Shepherd:
$82,086
State:
$85,865
Number of families with income < $10k:
Shepherd:
0.3% (1)
State:
3.5% (89,010)
Number of families with income $10k - 20k:
Shepherd:
7.2% (24)
State:
3.9% (100,567)
Number of families with income $20k - 30k:
Shepherd:
2.0% (7)
Michigan:
5.0% (127,320)
Number of families with income $30k - 40k:
Shepherd:
5.2% (17)
Michigan:
6.4% (163,565)
Number of families with income $40k - 50k:
Shepherd:
9.5% (32)
State:
6.8% (172,384)
Number of families with income $50k - 60k:
Shepherd:
5.1% (17)
State:
7.1% (179,870)
Number of families with income $60k - 75k:
Shepherd:
10.3% (34)
State:
10.3% (263,723)
Number of families with income $75k - 100k:
Shepherd:
28.5% (96)
State:
15.0% (383,364)
Number of families with income $100k - 125k:
Shepherd:
15.3% (51)
State:
11.8% (301,751)
Number of families with income $125k - 150k:
Shepherd:
9.8% (33)
State:
8.6% (220,338)
Number of families with income $150k - 200k:
Shepherd:
3.5% (12)
State:
10.2% (259,462)
Number of families with income > $200k:
Shepherd:
3.3% (11)
Michigan:
11.3% (287,206)
Median non-family income in Shepherd in 2022:
Shepherd:
$38,826
State:
$40,459
Change in median non-family income between 2000 and 2022:
Shepherd, Michigan:
+89.1%
State:
+54.5%
Median per capita income in Shepherd in 2022:
Shepherd:
$28,206
State:
$38,151
Change in median per capita income between 2000 and 2022:
Shepherd, Michigan:
+59.5%
Michigan:
+72.1%
Income statistics for White residents
Median household income in Shepherd, MI in 2022:
Shepherd:
$73,309
Michigan:
$71,609
Change in median household income between 2000 and 2022:
Shepherd, Michigan:
+76.4%
Michigan:
+52.9%
Number of households with income < $10k:
Shepherd:
1.6% (8)
State:
4.4% (140,440)
Number of households with income $10k - 20k:
Shepherd:
6.3% (31)
State:
6.5% (205,547)
Number of households with income $20k - 30k:
Shepherd:
10.3% (51)
State:
7.6% (242,254)
Number of households with income $30k - 40k:
Shepherd:
8.3% (41)
State:
8.1% (257,175)
Number of households with income $40k - 50k:
Shepherd:
5.7% (28)
Michigan:
7.8% (246,839)
Number of households with income $50k - 60k:
Shepherd:
6.9% (34)
Michigan:
7.4% (233,723)
Number of households with income $60k - 75k:
Shepherd:
12.3% (61)
State:
10.4% (328,664)
Number of households with income $75k - 100k:
Shepherd:
24.9% (123)
State:
13.6% (431,867)
Number of households with income $100k - 125k:
Shepherd:
10.7% (53)
Michigan:
10.3% (325,164)
Number of households with income $125k - 150k:
Shepherd:
8.5% (42)
State:
7.1% (226,232)
Number of households with income $150k - 200k:
Shepherd:
2.2% (11)
Michigan:
8.1% (255,445)
Number of households with income > $200k:
Shepherd:
2.2% (11)
Michigan:
8.7% (276,727)
Aggregate household income in Shepherd in 2022: $36,241,290
Median family income in Shepherd in 2022:
Shepherd:
$82,095
Michigan:
$90,317
Number of families with income < $10k:
Shepherd:
0.4% (1)
Michigan:
2.5% (49,508)
Number of families with income $10k - 20k:
Shepherd:
5.6% (18)
State:
3.2% (64,106)
Number of families with income $20k - 30k:
Shepherd:
2.2% (7)
State:
4.6% (91,551)
Number of families with income $30k - 40k:
Shepherd:
5.4% (17)
Michigan:
5.9% (117,356)
Number of families with income $40k - 50k:
Shepherd:
9.5% (30)
State:
6.4% (127,491)
Number of families with income $50k - 60k:
Shepherd:
5.2% (17)
State:
6.8% (135,883)
Number of families with income $60k - 75k:
Shepherd:
10.5% (34)
Michigan:
10.5% (209,130)
Number of families with income $75k - 100k:
Shepherd:
28.7% (92)
State:
15.5% (309,815)
Number of families with income $100k - 125k:
Shepherd:
15.5% (49)
Michigan:
12.4% (248,235)
Number of families with income $125k - 150k:
Shepherd:
10.1% (32)
State:
9.2% (182,895)
Number of families with income $150k - 200k:
Shepherd:
3.6% (11)
State:
11.0% (218,573)
Number of families with income > $200k:
Shepherd:
3.4% (11)
State:
12.0% (239,713)
Median non-family income in Shepherd in 2022:
Shepherd:
$35,283
State:
$42,438
Change in median non-family income between 2000 and 2022:
Shepherd, Michigan:
+71.1%
Michigan:
+56.8%
Median per capita income in Shepherd in 2022:
Shepherd:
$29,798
State:
$41,514
Change in median per capita income between 2000 and 2022:
Shepherd, Michigan:
+63.5%
State:
+75.2%
Income statistics for Black or African American residents
Median per capita income in Shepherd in 2022:
Shepherd:
$20,181
Michigan:
$25,207
Income statistics for Hispanic or Latino residents
Aggregate household income in Shepherd in 2022: $395,724
Median per capita income in Shepherd in 2022:
Shepherd:
$28,738
State:
$25,462
Income statistics for American Indian and Alaska Native residents
Aggregate household income in Shepherd in 2022: $758,768
Median per capita income in Shepherd in 2022:
Shepherd:
$60,650
Michigan:
$27,661
Income statistics for Multirace residents
Aggregate household income in Shepherd in 2022: $5,104,898
Median per capita income in Shepherd in 2022:
Shepherd:
$4,921
Michigan:
$26,098
Change in median per capita income between 2000 and 2022:
Shepherd, Michigan:
+40.8%
Michigan:
+106.5%
Income statistics for other residents
Median per capita income in Shepherd in 2022:
Shepherd:
$23,332
State:
$27,114
Change in median per capita income between 2000 and 2022:
Shepherd, Michigan:
+93.5%
State:
+104.6%
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