Michigan City is a city in Indiana state in USA with a population of 31191 residents.. The poverty rate of Michigan City is 23.3%, which is 66% higher than national average. The typical household in Michigan City earns $44930 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 14 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 54.3% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Michigan City, only 88% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Michigan City remained 7.2%, which is 53% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Michigan City, only 17% of adults have a bachelor's degree and 33% have some college but no degree.

Cost of living in Michigan City is 85, which is 15% lower than national average. Median home value in Michigan City is $95100 , which is 59% lower than national average. While median income in Michigan City remained $44930, which is 33% lower than national average.