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Morenci, MI

Full City Profile · Michigan · Fulton County County

3.0 /5.0
B Good
2,149 Population 1,014/sq mi density
$58,438 Median Income $25,911 per capita
$93,800 Home Value $168,461 Zillow
$732 Median Rent 23.2% income on rent
48°F Avg Temperature 275 sunny days/yr
419 Violent Crime/100K 885 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$58,438 median income, 1.5% unemployment
A+
Affordability
5.0 / 5.0
$93,800 home value, $732/mo rent
F
Safety
1.0 / 5.0
419 violent crimes/100K (10% above avg)
D
Education
1.8 / 5.0
9.6% bachelor's degree or higher

Income Overview

Median Household Income
$58,438
22% below
US avg: $75,149
Per Capita Income
$25,911
34% below
US avg: $39,052
Unemployment Rate
1.5%
58% below
US avg: 3.6%
Poverty Rate
7.2%
42% below
US avg: 12.4%

Income Comparison: Morenci vs. U.S. Average

Each bar shows Morenci’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$58,438
78%
Per Capita
US: $39,052
$25,911
66%
IRS Avg AGI
US: $72,000
$67,891
94%
Avg Weekly Wage
US: $1,432
$1,099
77%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,099
23% below US avg ($1,432)
Mean Commute Time
24 min
14% below US avg (28 min)
Work From Home
1.4%
91% below US avg (15.2%)
Drive Alone
85.8%
17% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$2,612M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 85.8%
Public Transit 0%
Work From Home 1.4%
Other 12.8%
Average commute time
24 minutes
US avg: 28 min

Business Landscape

Total Establishments
1,138
Restaurants
79
Healthcare
91
Retail
142
Manufacturing
90

Tax & Financial

IRS Avg Adjusted Gross Income
$67,891
6% below US avg ($72,000)
Avg Property Tax
$4,385
25% above US avg ($3,500)
Cost of Living Index
96.2
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$58,438
Per Capita Income$25,911
IRS Avg Adjusted Gross Income$67,891
Avg Weekly Wage$1,099
County GDP$2,612M

Hardship Indicators

Unemployment Rate1.5%
Poverty Rate7.2%
Gini Coefficient0.405
Cost of Living Index96.2

Commute

Mean Commute24 minutes
Drive Alone85.8%
Public Transit0.0%
Work From Home1.4%

Businesses

Total Establishments1,138
Restaurants79
Healthcare91
Retail142
Manufacturing90

Tax

IRS Avg AGI$67,891
Avg Property Tax$4,385