Income & Economy in Troy city, MI (48098)
Median Income
$165,781
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+808
Wealth inflow
Population
20,658
Unemployment
3.6%
0.1pp below US avg
IRS migration statistics show a net inflow of about 808 for ZIP 48098 (Troy city, MI) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 48098 (2020–Present)
Since 2020, population grew 5.6%, median income fell 1.1% (inflation-adjusted), home values increased 0.1%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $165,781 |
| Unemployment | 3.6% |
| Establishments | 703 |
| Employees | 23,670 |