Houghton, MI, is experiencing a dynamic shift in its job market as we move into 2024. The city is known for its strong ties to the education sector, primarily due to Michigan Technological University, which significantly influences local employment. Houghton's economy is also supported by industries such as technology, healthcare, and manufacturing. Recent infrastructure developments and a focus on tech innovation are expected to drive job growth in the coming years. The city's job market is poised for expansion, with emerging sectors providing new opportunities for residents.

Top Industries in Houghton

Houghton is home to a range of industries that are key drivers of the city's economy. Some of the top industries in Houghton include:

Education
Education remains a cornerstone of Houghton's economy, with Michigan Technological University being a major employer. The sector offers a range of opportunities from academic positions to administrative roles.
Range: $40-$90k
Growth rate: 5%
Some job openings:
Michigan Technological University is hiring: Professor, Administrative Assistant, Research Scientist
Technology
The tech industry in Houghton is growing, with a focus on software development and IT services. Local startups and tech firms are increasingly contributing to the city's economic landscape.
Range: $60-$120k
Growth rate: 10%
Some job openings:
Neuvokas Corporation is hiring: Software Developer, IT Support Specialist
Healthcare
Healthcare is a vital industry in Houghton, with a steady demand for medical professionals and support staff. The presence of local hospitals and clinics provides numerous employment opportunities.
Range: $50-$110k
Growth rate: 7%
Some job openings:
UP Health System - Portage is hiring: Registered Nurse, Medical Technician
Manufacturing
Manufacturing in Houghton is characterized by small to medium-sized enterprises focusing on innovative products. The industry is seeing a resurgence with new technologies and processes.
Range: $45-$85k
Growth rate: 4%
Some job openings:
Calumet Electronics is hiring: Production Engineer, Quality Assurance Technician
Hospitality
The hospitality industry in Houghton is bolstered by tourism, with a variety of roles in hotels, restaurants, and recreational services. Seasonal fluctuations affect job availability, but the sector remains a significant employer.
Range: $30-$60k
Growth rate: 3%
Some job openings:
Keweenaw Mountain Lodge is hiring: Hotel Manager, Chef

Employment Trends and Growth Rates

Houghton's employment trends in 2024 indicate a steady growth in technology and healthcare sectors. The city's job market is adapting to new demands, with a notable increase in tech-related positions. Income inequality remains a concern, with efforts underway to bridge the gap through education and skill development programs. Job turnover rates are relatively stable, with a focus on retaining talent in key industries.

Job Market for Remote and Freelance Workers in Houghton

Remote work is gaining traction in Houghton, with approximately 35% of the workforce engaging in remote roles. The tech industry leads in offering remote positions, followed by marketing and design sectors. Local companies are increasingly providing flexible work options, aligning with national trends.

Job Resources and Networking

Houghton offers a variety of job resources, including local job boards and career fairs. The Michigan Tech Career Services provides valuable support for job seekers, including resume workshops and networking events. Verified local job boards include UPJobs.com and HoughtonCareers.com. Entrepreneurial hubs like the MTEC SmartZone support tech startups and innovation.

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Property Prices Rankings

The Property Prices Rankings for the United States evaluate affordability and investment potential using indices like the Price to Income Ratio, Mortgage as a Percentage of Income, Loan Affordability, Price to Rent Ratio, and Gross Rental Yield.

Highest to LowestUpdated: Feb, 2025
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Houghton Job Market

"Key Takeaways"

Tech industry has grown by 10% in Houghton, with demand for software developers.

Remote work is increasing, with many companies now offering remote opportunities.

Top employers like Michigan Technological University and UP Health System are hiring for various roles.

HoughtonCareers.com is a great local job board for opportunities.

Tips for Job Seekers in Houghton

Job seekers in Houghton should tailor their resumes to highlight relevant skills for the city's top industries, such as tech and healthcare.

Networking through local events and utilizing resources like Michigan Tech Career Services can enhance job search efforts.

A bachelor's degree significantly improves employment prospects, with higher rates of job placement in specialized fields.

Participating in career development programs and workshops can provide a competitive edge in the job market.