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...hear the rustle of leaves in a gentle breeze, or the gentle lapping of waves on a beach

Economic Profile

Labor

Labor Force

9,850

Employed

8,325

Unemployment Rate

15.5%

Source: DELEG,-February, 2011

Property Taxes & Equalized Value

State Equalized Value

$990,741,513

Real Property

$959,829,370

Personal Property

$30,912,143

Source: Gladwin Cnty Equalization Dept - 2003

Property Tax Base

6.4%

Agriculture

4.2%

Commercial

8.0%

Industrial

2.7%

Residential

80.4%

Other

3.8%

Source: MI Dept of Treasury - 2000

Employment by Industry

Services

24.8%

Retail/Wholesale

24.1%

Government

14.2%

Manufacturing

11.6%

Construction

8.5%

Agriculture

6.6%

Finance, Insurance, Real Estate

6.2%

Transportation

2.9%

Other

1.5%

Source: MSU Extension -1998

Business Corner

Retail Sales

$15,842,000

Retail Sales per Capita
Source U.S Census - 1997

$6,139

Total Personal Income

$493,238,000

Total Workers Earnings

$169,086,000

Largest Industries

Services - 20.2%

Government - 18.7%

Durable Goods Mfr - 18.6%

Source BEA - 2000


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