Cadillac is a city in Michigan state in USA with a population of 10462 residents.. The poverty rate of Cadillac is 22.6%, which is 61% higher than national average. The typical household in Cadillac earns $40309 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 11 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 60.4% 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 Cadillac, only 91% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Cadillac remained 5.4%, which is 15% higher than national rate. Nearly 1 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 Cadillac, only 20% of adults have a bachelor's degree and 38% have some college but no degree.

Cost of living in Cadillac is 82, which is 18% lower than national average. Median home value in Cadillac is $81400 , which is 65% lower than national average. While median income in Cadillac remained $40309, which is 40% lower than national average.