The labor force participation rate in Birmingham is 68.1%, with an unemployment rate of 2.4%. For all those in the labor force, the common commute time is 23.2 minutes. 38.2% of Birmingham’s community have a masters diploma, and 38.6% have earned a bachelors degree. For those without a college degree, 14.7% attended at least some college, 6.9% have a high school diploma, and just 1.6% have an education significantly less than senior high school. 1.7% are not included in medical health insurance.
The average family unit size in Birmingham, MI is 3.05 residential members, with 74.1% being the owner of their very own homes. The mean home cost is $533502. For those paying rent, they spend on average $1513 monthly. 56.6% of households have dual sources of income, and an average household income of $122804. Median income is $71872. 5.3% of inhabitants survive at or below the poverty line, and 6.1% are considered disabled. 3.7% of residents are veterans associated with armed forces of the United States.
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