Owosso, Michigan: A Review

The labor force participation rate in Owosso is 64%, with an unemployment rate of 6.3%. For all into the labor pool, the typical commute time is 23.7 minutes. 3.9% of Owosso’s community have a graduate degree, and 8.2% have a bachelors degree. Among those without a college degree, 35.5% have some college, 41.9% have a high school diploma, and just 10.5% possess an education not as much as high school. 5.6% are not covered by medical insurance.

The typical family size in Owosso,The typical family size in Owosso, MI is 2.95 residential members, with 58.2% owning their particular houses. The average home appraisal is $84129. For individuals leasing, they pay out an average of $731 per month. 45.9% of households have two incomes, and the average household income of $45203. Average income is $25359. 16.4% of inhabitants live at or below the poverty line, and 15.9% are handicapped. 8.4% of residents of the town are veterans associated with the military.

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