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%
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%
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%
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%
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%
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.
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: Oct, 2025
Full Property Prices Rankings