Data & Demographics

Take an in-depth look at Michigan City’s economic landscape, population trends, workforce characteristics, and community profiles. This essential information helps business owners and investors understand the market dynamics, consumer base, and growth opportunities in Michigan City, empowering them to make strategic decisions with confidence.

Michigan City By the Numbers

Economy

4.52 B

2022 Anual Gross Regional Product

Source: FRED Data

3.74 M

2021 County Real GDP

Source: Bureau Economic Analysis

62,620

2022 MC Median Household Income

Source: Hoosier Stats

5.1%

2022 MSA Unemployment Rate Annualized

Source: Hoosier Stats

50,000

2022 Total Regional Employment

Source: LaPorte County, IN | Data USA

32,000

2022 MC Population

Source: Michigan City, IN | Data USA

Talent

89.3%

MC Population With High School Dimploma

Source: U.S. Census Bureau QuickFacts: Michigan City city, Indiana

18.8%

MC Population With Bachelor’s Degree

Source: U.S. Census Bureau QuickFacts: Michigan City city, Indiana

24.72

Average Earnings Per Job

Source: Bureau of Labor Statistics

Infrastructure

23.7 min

2022 MC mean travel time to work, age 16+

Source: Data USA

27.6 min

2022 USA mean travel time to work, age 16+

Source: Data USA

6,738

2022 MC Workforce Inbound Migration

Source: N/A

9,580

2022 MSA Workforce Outbound Migration

Source: N/A

Liveability

88.7/100

2022 Cost of Living Index

Source: Area Vibes

1,100

2022 Average Mortgage Payment

Source: Nerd Wallet

1,150

2022 Average Apartment Rent

Source: Zumper

131,300

2022 Median Home Value

Source: Nerd Wallet

1/2 mile

Variety of Amenities within homes

Source: Area Vibes

A+ Rating

in Healthcare Accessibility

Source: Area Vibes

Wages & Benefits Reports

Economic Development Corporation of Michigan City helped contribute to the recent 2021 Wages and Benefits report for the South Bend – Elkhart region, which included La Porte County. These figures are representative of August 1, 2021.

Key Industries In Michigan City

Michigan City’s competitive advantage of having a low income tax, moderate business costs and a diverse resource base continues to attract and retain companies.

Discover Opportunity With EDCMC

At EDCMC, we’re committed to driving your business forward. Collaborate with us to access tailored solutions, tap into local resources, and unlock new opportunities. Together, let’s shape a prosperous future for your enterprise in Michigan City.