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In Michigan, debt is a familiar face. Many Michiganns find themselves in debt due to medical or family emergencies, overspending on credit cards, or just poor money management. In any case, debt is a problem that affects your entire life. BUT, there is a way out of 'the pit of debt'. That way is debt consolidation. Debt consolidation lumps all your debt into one payment. However, there are a few ways you can go about consolidating your debt.
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Snapshot of Michigan
10 M
Population$48,606
Median Household Income14%
Percent Unemployment$115,600
Median Home ValueFind Your City to Compare State and National Averages
| Location | Population | Med. Household Income | % Unemployment | Med. Home Value |
|---|---|---|---|---|
| USA | 307,006,550 | $52,029 | 9.3% | $119,600 |
| Michigan | 9,969,727 | $48,606 | 14% | $115,600 |
| Allen Park | 27,616 | $51,992 | 13.6% | $118,700 |
| Ann Arbor | 113,206 | $46,299 | 13.6% | $181,400 |
| Battle Creek | 52,777 | $35,491 | 13.6% | $71,000 |
| Bay City | 34,449 | $30,425 | 13.6% | $65,700 |
| Burton | 30,875 | $44,050 | 13.6% | $84,500 |
| Dearborn | 92,382 | $44,560 | 13.6% | $129,300 |
| Dearborn Heights | 55,278 | $48,222 | 13.6% | $110,800 |
| Detroit | 871,121 | $29,526 | 13.6% | $63,600 |
| East Lansing | 46,009 | $28,217 | 13.6% | $144,300 |
| Eastpointe | 32,949 | $46,261 | 13.6% | $98,100 |
| Farmington Hills | 79,793 | $67,493 | 13.6% | $227,300 |
| Flint | 117,068 | $28,015 | 13.6% | $49,700 |
| Garden City | 28,473 | $51,841 | 13.6% | $110,700 |
| Grand Rapids | 193,083 | $37,224 | 13.6% | $91,400 |
| Holland | 34,245 | $42,291 | 13.6% | $107,900 |
| Inkster | 28,443 | $35,950 | 13.6% | $68,000 |
| Jackson | 34,554 | $31,294 | 13.6% | $64,300 |
| Kalamazoo | 72,161 | $31,189 | 13.6% | $83,000 |
| Kentwood | 46,574 | $45,812 | 13.6% | $120,600 |
| Lansing | 114,276 | $34,833 | 13.6% | $73,500 |
| Lincoln Park | 37,595 | $42,515 | 13.6% | $84,100 |
| Livonia | 96,736 | $63,018 | 13.6% | $161,800 |
| Madison Heights | 30,042 | $42,326 | 13.6% | $110,600 |
| Midland | 41,551 | $48,444 | 13.6% | $114,400 |
| Mount Pleasant | 26,203 | $24,572 | 13.6% | $95,500 |
| Muskegon | 39,608 | $27,929 | 13.6% | $59,800 |
| Novi | 54,105 | $71,918 | 13.6% | $236,300 |
| Oak Park | 30,960 | $48,697 | 13.6% | $114,400 |
| Pontiac | 67,124 | $31,207 | 13.6% | $74,300 |
| Port Huron | 31,302 | $31,327 | 13.6% | $84,400 |
| Portage | 45,236 | $49,410 | 13.6% | $120,800 |
| Rochester Hills | 69,833 | $74,912 | 13.6% | $226,200 |
| Roseville | 47,406 | $41,220 | 13.6% | $97,800 |
| Royal Oak | 57,984 | $52,252 | 13.6% | $150,900 |
| Saginaw | 57,523 | $26,485 | 13.6% | $46,800 |
| Southfield | 76,090 | $51,802 | 13.6% | $155,400 |
| Southgate | 29,215 | $46,927 | 13.6% | $109,200 |
| Sterling Heights | 127,991 | $60,494 | 13.6% | $160,700 |
| Taylor | 64,240 | $42,944 | 13.6% | $93,000 |
| Troy | 81,118 | $77,538 | 13.6% | $219,800 |
| Warren | 134,589 | $44,626 | 13.6% | $117,800 |
| Westland | 84,504 | $46,308 | 13.6% | $118,500 |
| Wyandotte | 26,473 | $43,740 | 13.6% | $101,700 |
| Wyoming | 70,155 | $43,164 | 13.6% | $93,000 |
Source U.S. Census Bureau: State and County QuickFacts. Data derived from Population Estimates, Census of Population and Housing, Small Area Income and Poverty Estimates, State and County Housing Unit Estimates, County Business Patterns, Nonemployer Statistics, Economic Census, Survey of Business Owners, Building Permits, Consolidated Federal Funds Report
