A town in Michigan, Bay City has approximately 34,000 residents. The city's population, with an average age of just over 38, skews younger than most cities in Michigan. Renters tend to be in the minority in the area, and 70% of residents own their homes. Renting remains an affordable option, though, as the city boasts a relatively low average rent of $625/month. Over the course of a year, renters in Bay City will save around $3,000 compared to the state average.
Averaging about 22 minutes, Bay City's commute time outperforms the Michigan average of about 25 minutes. Many residents (39%) drive their car or truck to work, while public transit isn't used extensively. Walking isn't a common means of commuting to work.
There are three primary industries in Bay City: healthcare, retail, and manufacturing. Combined, these industries account for 22% of the city's labor force. Meanwhile, in terms of job function, many workers in these industries are in sales, as 7% of the city's population reports this as their field of work, the highest number of any field. With an average annual income of just under $47K, Bay City workers bring in about $15,000 less than their peers elsewhere in the state. Bay City's average income also falls below the national average ($73,345). Compared to the national average (5%), Bay City has a relatively high number of residents older than 25 with an Associate's degree (8%). In addition, 11% possess a Bachelor's, Master's, Professional, or Doctoral degree.
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