Lansing-East Lansing Personal Income Data
2027-2028 Michigan Economic Outlook
Updated August 31, 2026
Lansing Income Forecast
| Lansing Output | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
| Current-dollar GDP | 32,839,800 | 34,184,870 | 35,475,400 | 37,014,820 | 38,398,090 | 39,850,240 |
| 7.0% | 4.1% | 3.8% | 4.3% | 3.7% | 3.8% | |
| Real GDP | 27,097,430 | 27,386,180 | 27,707,510 | 28,261,860 | 28,668,870 | 29,097,590 |
| 1.1% | 1.1% | 1.2% | 2.0% | 1.4% | 1.5% | |
| Lansing Income by place of residence ($000) | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
| Personal income (thousands of dollars) | 25,621,080 | 26,929,300 | 27,978,560 | 28,577,610 | 29,462,420 | 30,454,420 |
| 4.9% | 5.1% | 3.9% | 2.1% | 3.1% | 3.4% | |
| Population (persons) | 476,605 | 479,971 | 482,055 | 484,027 | 485,923 | 487,770 |
| 0.7% | 0.7% | 0.4% | 0.4% | 0.4% | 0.4% | |
| Per capita personal income (dollars) | 53,757 | 56,106 | 58,040 | 59,041 | 60,632 | 62,436 |
| 4.2% | 4.4% | 3.4% | 1.7% | 2.7% | 3.0% | |
| Real Per-Capita Personal Income (Chained 2012 $) | 44,357 | 44,948 | 45,331 | 45,080 | 45,269 | 45,589 |
| -1.6% | 1.3% | 0.9% | -0.6% | 0.4% | 0.7% | |
| Relative Per-Capita Personal Income (Local/US) | 0.77 | 0.77 | 0.76 | 0.73 | 0.69 | 0.69 |
| Derivation of Personal Income | ||||||
| Earnings by place of work | 19,021,160 | 20,055,020 | 20,687,840 | 21,073,720 | 21,668,570 | 22,316,400 |
| 4.6% | 5.4% | 3.2% | 1.9% | 2.8% | 3.0% | |
| Less: Contributions for government social insurance | 2,259,790 | 2,411,931 | 2,488,491 | 2,566,872 | 2,662,451 | 2,766,796 |
| 4.8% | 6.7% | 3.2% | 3.1% | 3.7% | 3.9% | |
| Plus: Adjustment for residence | -1,154,655 | -1,241,391 | -1,299,982 | -1,361,536 | -1,425,981 | -1,493,479 |
| Equals: Net earnings by place of residence | 15,606,720 | 16,401,700 | 16,899,370 | 17,145,310 | 17,580,130 | 18,056,130 |
| 4.3% | 5.1% | 3.0% | 1.5% | 2.5% | 2.7% | |
| Plus: Dividends, interest, and rent | 4,528,367 | 4,656,050 | 4,776,868 | 4,919,399 | 5,108,272 | 5,316,556 |
| 10.5% | 2.8% | 2.6% | 3.0% | 3.8% | 4.1% | |
| Plus: Personal current transfer receipts | 5,485,991 | 5,871,552 | 6,302,324 | 6,512,900 | 6,774,014 | 7,081,739 |
| 2.1% | 7.0% | 7.3% | 3.3% | 4.0% | 4.5% | |
| Components of Earnings | ||||||
| Wages and salaries | 14,193,010 | 14,982,280 | 15,504,530 | 15,750,680 | 16,199,610 | 16,700,570 |
| 5.6% | 5.6% | 3.5% | 1.6% | 2.9% | 3.1% | |
| Supplements to wages and salaries | 3,415,313 | 3,642,461 | 3,713,241 | 3,812,224 | 3,912,149 | 4,010,163 |
| Proprietors' income | 1,412,840 | 1,430,279 | 1,470,072 | 1,510,816 | 1,556,811 | 1,605,666 |
| Farm proprietors' income | 67,646 | 16,831 | 16,831 | 16,831 | 16,831 | 16,831 |
| Nonfarm proprietors' income | 1,345,194 | 1,413,448 | 1,453,241 | 1,493,985 | 1,539,980 | 1,588,835 |
| Source: Center for Economic Analysis, Michigan State University | ||||||
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