Ludington, Michigan is a small town with slightly more than 8,000 residents. Retirees make up a greater percentage of the population (22%) here than nationally (14%), while young professionals account for a smaller percentage of the town. Overall, the town's residents, with an average age of just under 43, skew older than most cities in Michigan. The majority of Ludington residents own their homes, and 39% of residents rent. Renters in the town benefit from a relatively low average rent of $663/month, which is $212/month less than the state average.
Ludington residents have a plethora of industries from which to choose, the most common four of which are entertainment, retail, manufacturing, and healthcare. Combined, these industries account for 26% of the town's labor force. Meanwhile, looking at job function, many residents work in sales, making it the top career path in the town. Ludington workers earn an average annual income of just over $52,000, around $9,000 less than the average Michigan resident. The town's average income also trails the national average ($73,345). Ludington has a high concentration of residents older than 25 with an Associate's degree (8%) compared to the national average (5%). In addition, 16% have a Bachelor's, Master's, Professional, or Doctoral degree.
Ludington's average commute time ranks as one of the best in the state at about 13 minutes, 5th-quickest in the state. Many residents (36%) commute to work by car or truck, while public transportation isn't used much. Walking (2%) isn't a common method of commuting to work, though the number exceeds the national average.
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