The median household income in Owosso, MI in 2022 was $51,019, which was 31.3% less than the median annual income of $66,986 across the entire state of Michigan. Compared to the median income of $32,576 in 2000 this represents an increase of 36.2%. The per capita income in 2022 was $29,846, which means an increase of 43.8% compared to 2000 when it was $16,764.
Whole page based on the data from 2000 / 2022 when the population of Owosso, Michigan was 15,713 / 14,656
Income statistics for all residents
Median household income in Owosso, MI in 2022:
Owosso:
$51,020
State:
$66,986
Change in median household income between 2000 and 2022:
Owosso, Michigan:
+56.6%
State:
+50.0%
Number of households with income < $10k:
Owosso:
2.7% (176)
State:
5.7% (231,223)
Number of households with income $10k - 20k:
Owosso:
16.2% (1,062)
State:
7.5% (306,955)
Number of households with income $20k - 30k:
Owosso:
9.9% (650)
Michigan:
7.9% (324,153)
Number of households with income $30k - 40k:
Owosso:
11.2% (731)
Michigan:
8.3% (341,408)
Number of households with income $40k - 50k:
Owosso:
9.6% (629)
State:
7.9% (322,255)
Number of households with income $50k - 60k:
Owosso:
8.7% (567)
Michigan:
7.5% (305,914)
Number of households with income $60k - 75k:
Owosso:
14.2% (930)
State:
10.1% (414,440)
Number of households with income $75k - 100k:
Owosso:
12.4% (810)
State:
13.2% (538,299)
Number of households with income $100k - 125k:
Owosso:
7.8% (509)
State:
9.7% (396,282)
Number of households with income $125k - 150k:
Owosso:
1.6% (104)
Michigan:
6.7% (273,144)
Number of households with income $150k - 200k:
Owosso:
3.9% (254)
State:
7.5% (305,077)
Number of households with income > $200k:
Owosso:
1.9% (126)
Michigan:
8.1% (330,644)
Aggregate household income in Owosso in 2022: $426,146,138
Median family income in Owosso in 2022:
Owosso:
$61,832
State:
$85,865
Number of families with income < $10k:
Owosso:
4.3% (154)
Michigan:
3.5% (89,010)
Number of families with income $10k - 20k:
Owosso:
6.5% (231)
Michigan:
3.9% (100,567)
Number of families with income $20k - 30k:
Owosso:
4.5% (160)
State:
5.0% (127,320)
Number of families with income $30k - 40k:
Owosso:
9.1% (321)
State:
6.4% (163,565)
Number of families with income $40k - 50k:
Owosso:
8.8% (311)
State:
6.8% (172,384)
Number of families with income $50k - 60k:
Owosso:
10.6% (376)
State:
7.1% (179,870)
Number of families with income $60k - 75k:
Owosso:
20.7% (731)
State:
10.3% (263,723)
Number of families with income $75k - 100k:
Owosso:
14.2% (503)
Michigan:
15.0% (383,364)
Number of families with income $100k - 125k:
Owosso:
9.7% (342)
State:
11.8% (301,751)
Number of families with income $125k - 150k:
Owosso:
1.8% (64)
Michigan:
8.6% (220,338)
Number of families with income $150k - 200k:
Owosso:
6.4% (228)
Michigan:
10.2% (259,462)
Number of families with income > $200k:
Owosso:
3.4% (119)
State:
11.3% (287,206)
Median non-family income in Owosso in 2022:
Owosso:
$34,041
State:
$40,459
Change in median non-family income between 2000 and 2022:
Owosso, Michigan:
+61.7%
State:
+54.5%
Median per capita income in Owosso in 2022:
Owosso:
$29,846
State:
$38,151
Change in median per capita income between 2000 and 2022:
Owosso, Michigan:
+78.0%
State:
+72.1%
Income statistics for White residents
Median household income in Owosso, MI in 2022:
Owosso:
$51,205
Michigan:
$71,609
Change in median household income between 2000 and 2022:
Owosso, Michigan:
+57.0%
State:
+52.9%
Number of households with income < $10k:
Owosso:
2.6% (161)
State:
4.4% (140,440)
Number of households with income $10k - 20k:
Owosso:
16.1% (1,015)
Michigan:
6.5% (205,547)
Number of households with income $20k - 30k:
Owosso:
10.3% (648)
State:
7.6% (242,254)
Number of households with income $30k - 40k:
Owosso:
10.9% (689)
Michigan:
8.1% (257,175)
Number of households with income $40k - 50k:
Owosso:
9.8% (621)
Michigan:
7.8% (246,839)
Number of households with income $50k - 60k:
Owosso:
8.5% (536)
State:
7.4% (233,723)
Number of households with income $60k - 75k:
Owosso:
13.7% (866)
State:
10.4% (328,664)
Number of households with income $75k - 100k:
Owosso:
12.8% (804)
State:
13.6% (431,867)
Number of households with income $100k - 125k:
Owosso:
8.1% (508)
State:
10.3% (325,164)
Number of households with income $125k - 150k:
Owosso:
1.4% (90)
State:
7.1% (226,232)
Number of households with income $150k - 200k:
Owosso:
3.9% (245)
State:
8.1% (255,445)
Number of households with income > $200k:
Owosso:
1.9% (122)
State:
8.7% (276,727)
Aggregate household income in Owosso in 2022: $408,696,993
Median family income in Owosso in 2022:
Owosso:
$63,470
Michigan:
$90,317
Number of families with income < $10k:
Owosso:
4.2% (145)
Michigan:
2.5% (49,508)
Number of families with income $10k - 20k:
Owosso:
6.4% (221)
State:
3.2% (64,106)
Number of families with income $20k - 30k:
Owosso:
4.8% (166)
State:
4.6% (91,551)
Number of families with income $30k - 40k:
Owosso:
9.0% (312)
State:
5.9% (117,356)
Number of families with income $40k - 50k:
Owosso:
8.9% (307)
State:
6.4% (127,491)
Number of families with income $50k - 60k:
Owosso:
10.3% (355)
Michigan:
6.8% (135,883)
Number of families with income $60k - 75k:
Owosso:
20.2% (699)
State:
10.5% (209,130)
Number of families with income $75k - 100k:
Owosso:
15.0% (517)
Michigan:
15.5% (309,815)
Number of families with income $100k - 125k:
Owosso:
9.8% (338)
Michigan:
12.4% (248,235)
Number of families with income $125k - 150k:
Owosso:
1.9% (64)
State:
9.2% (182,895)
Number of families with income $150k - 200k:
Owosso:
6.3% (218)
Michigan:
11.0% (218,573)
Number of families with income > $200k:
Owosso:
3.3% (114)
Michigan:
12.0% (239,713)
Median non-family income in Owosso in 2022:
Owosso:
$32,626
Michigan:
$42,438
Change in median non-family income between 2000 and 2022:
Owosso, Michigan:
+54.7%
State:
+56.8%
Median per capita income in Owosso in 2022:
Owosso:
$29,922
State:
$41,514
Change in median per capita income between 2000 and 2022:
Owosso, Michigan:
+75.9%
State:
+75.2%
Income statistics for Black or African American residents
Number of households with income < $10k:
Owosso:
0.0% (0)
Michigan:
12.7% (66,307)
Number of households with income $10k - 20k:
Owosso:
79.4% (27)
State:
14.2% (73,877)
Number of households with income $20k - 30k:
Owosso:
0.0% (0)
Michigan:
10.2% (52,930)
Number of households with income $30k - 40k:
Owosso:
0.0% (0)
State:
10.3% (53,542)
Number of households with income $40k - 50k:
Owosso:
0.0% (0)
State:
9.1% (47,110)
Number of households with income $50k - 60k:
Owosso:
20.6% (7)
State:
8.1% (41,969)
Number of households with income $60k - 75k:
Owosso:
0.0% (0)
State:
9.0% (46,784)
Number of households with income $75k - 100k:
Owosso:
0.0% (0)
Michigan:
9.7% (50,718)
Number of households with income $100k - 125k:
Owosso:
0.0% (0)
State:
6.7% (34,802)
Number of households with income $125k - 150k:
Owosso:
0.0% (0)
State:
4.1% (21,083)
Number of households with income $150k - 200k:
Owosso:
0.0% (0)
State:
3.4% (17,885)
Number of households with income > $200k:
Owosso:
0.0% (0)
State:
2.6% (13,430)
Aggregate household income in Owosso in 2022: $882,192
Median per capita income in Owosso in 2022:
Owosso:
$19,747
State:
$25,207
Income statistics for Asian residents
Aggregate household income in Owosso in 2022: $2,946,260
Median per capita income in Owosso in 2022:
Owosso:
$23,962
State:
$48,128
Change in median per capita income between 2000 and 2022:
Owosso, Michigan:
+30.6%
State:
+95.8%
Income statistics for Hispanic or Latino residents
Median household income in Owosso, MI in 2022:
Owosso:
$74,765
Michigan:
$62,497
Change in median household income between 2000 and 2022:
Owosso, Michigan:
+85.6%
Michigan:
+62.4%
Number of households with income < $10k:
Owosso:
0.0% (0)
State:
6.0% (10,028)
Number of households with income $10k - 20k:
Owosso:
0.0% (0)
Michigan:
6.5% (10,959)
Number of households with income $20k - 30k:
Owosso:
0.0% (0)
State:
9.1% (15,369)
Number of households with income $30k - 40k:
Owosso:
25.9% (28)
State:
7.9% (13,373)
Number of households with income $40k - 50k:
Owosso:
16.7% (18)
State:
9.1% (15,369)
Number of households with income $50k - 60k:
Owosso:
0.0% (0)
State:
8.9% (14,990)
Number of households with income $60k - 75k:
Owosso:
31.5% (34)
State:
11.5% (19,325)
Number of households with income $75k - 100k:
Owosso:
0.0% (0)
State:
14.9% (25,158)
Number of households with income $100k - 125k:
Owosso:
12.0% (13)
State:
8.8% (14,758)
Number of households with income $125k - 150k:
Owosso:
0.0% (0)
Michigan:
5.3% (8,915)
Number of households with income $150k - 200k:
Owosso:
0.0% (0)
State:
6.7% (11,249)
Number of households with income > $200k:
Owosso:
13.9% (15)
Michigan:
5.3% (8,978)
Aggregate household income in Owosso in 2022: $12,058,912
Median per capita income in Owosso in 2022:
Owosso:
$34,728
State:
$25,462
Income statistics for American Indian and Alaska Native residents
Number of households with income < $10k:
Owosso:
0.0% (0)
State:
5.7% (956)
Number of households with income $10k - 20k:
Owosso:
0.0% (0)
Michigan:
11.4% (1,930)
Number of households with income $20k - 30k:
Owosso:
0.0% (0)
State:
12.0% (2,032)
Number of households with income $30k - 40k:
Owosso:
78.4% (29)
Michigan:
7.8% (1,319)
Number of households with income $40k - 50k:
Owosso:
0.0% (0)
Michigan:
7.5% (1,276)
Number of households with income $50k - 60k:
Owosso:
21.6% (8)
State:
10.1% (1,711)
Number of households with income $60k - 75k:
Owosso:
0.0% (0)
State:
9.9% (1,673)
Number of households with income $75k - 100k:
Owosso:
0.0% (0)
State:
11.4% (1,931)
Number of households with income $100k - 125k:
Owosso:
0.0% (0)
State:
8.4% (1,414)
Number of households with income $125k - 150k:
Owosso:
0.0% (0)
Michigan:
6.7% (1,131)
Number of households with income $150k - 200k:
Owosso:
0.0% (0)
Michigan:
4.2% (709)
Number of households with income > $200k:
Owosso:
0.0% (0)
State:
5.0% (838)
Aggregate household income in Owosso in 2022: $1,092,465
Median per capita income in Owosso in 2022:
Owosso:
$8,123
State:
$27,661
Change in median per capita income between 2000 and 2022:: -29.8%
Owosso, Michigan:
-29.8%
State:
+75.7%
Income statistics for Multirace residents
Median household income in Owosso, MI in 2022:
Owosso:
$31,753
State:
$63,251
Change in median household income between 2000 and 2022:: -53.5%
Owosso, Michigan:
-53.5%
State:
+82.6%
Number of households with income < $10k:
Owosso:
8.8% (14)
State:
6.1% (12,463)
Number of households with income $10k - 20k:
Owosso:
14.5% (23)
State:
8.7% (17,830)
Number of households with income $20k - 30k:
Owosso:
2.5% (4)
State:
7.6% (15,686)
Number of households with income $30k - 40k:
Owosso:
23.3% (37)
State:
9.5% (19,444)
Number of households with income $40k - 50k:
Owosso:
9.4% (15)
State:
7.5% (15,476)
Number of households with income $50k - 60k:
Owosso:
14.5% (23)
State:
8.1% (16,622)
Number of households with income $60k - 75k:
Owosso:
1.3% (2)
Michigan:
10.6% (21,725)
Number of households with income $75k - 100k:
Owosso:
7.5% (12)
Michigan:
14.4% (29,501)
Number of households with income $100k - 125k:
Owosso:
0.0% (0)
Michigan:
8.9% (18,231)
Number of households with income $125k - 150k:
Owosso:
0.0% (0)
State:
5.8% (11,923)
Number of households with income $150k - 200k:
Owosso:
18.2% (29)
Michigan:
6.8% (13,956)
Number of households with income > $200k:
Owosso:
0.0% (0)
State:
6.2% (12,672)
Aggregate household income in Owosso in 2022: $6,954,449
Median non-family income in Owosso in 2022:
Owosso:
$33,397
State:
$38,642
Change in median non-family income between 2000 and 2022:: -67.3%
Owosso, Michigan:
-67.3%
State:
+73.3%
Median per capita income in Owosso in 2022:
Owosso:
$19,442
State:
$26,098
Change in median per capita income between 2000 and 2022:
Owosso, Michigan:
+111.9%
Michigan:
+106.5%
Income statistics for other residents
Median household income in Owosso, MI in 2022:
Owosso:
$42,246
State:
$61,183
Number of households with income < $10k:
Owosso:
0.0% (0)
State:
7.8% (4,680)
Number of households with income $10k - 20k:
Owosso:
0.0% (0)
State:
6.4% (3,815)
Number of households with income $20k - 30k:
Owosso:
19.2% (10)
State:
9.4% (5,582)
Number of households with income $30k - 40k:
Owosso:
34.6% (18)
State:
7.3% (4,338)
Number of households with income $40k - 50k:
Owosso:
0.0% (0)
Michigan:
10.2% (6,092)
Number of households with income $50k - 60k:
Owosso:
0.0% (0)
Michigan:
8.2% (4,875)
Number of households with income $60k - 75k:
Owosso:
46.2% (24)
State:
11.6% (6,923)
Number of households with income $75k - 100k:
Owosso:
0.0% (0)
Michigan:
16.3% (9,741)
Number of households with income $100k - 125k:
Owosso:
0.0% (0)
State:
8.5% (5,050)
Number of households with income $125k - 150k:
Owosso:
0.0% (0)
State:
4.7% (2,776)
Number of households with income $150k - 200k:
Owosso:
0.0% (0)
Michigan:
4.5% (2,682)
Number of households with income > $200k:
Owosso:
0.0% (0)
State:
5.2% (3,111)
Aggregate household income in Owosso in 2022: $2,669,919
Median per capita income in Owosso in 2022:
Owosso:
$33,538
State:
$27,114
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