The typical household size in Alma, MI is 2.68 residential members, with 56.9% being the owner of their particular domiciles. The mean home value is $84289. For those leasing, they spend on average $655 per month. 42.5% of families have two incomes, and a median domestic income of $36408. Average income is $19680. 24.7% of inhabitants survive at or below the poverty line, and 13.6% are disabled. 6.8% of residents of the town are veterans of this military.
The labor force participation rate in Alma is 59.6%, with an unemployment rate of 9.1%. For all located in the labor pool, the average commute time is 17.9 minutes. 9.6% of Alma’s community have a graduate degree, and 11.7% have a bachelors degree. For everyone without a college degree, 36.4% attended some college, 37% have a high school diploma, and just 5.2% have an education not as much as senior school. 4.3% are not covered by medical insurance.
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