Income & Economy in Monroe city, MI (48162)
Median Income
$68,801
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,106
Wealth inflow
Population
28,275
Unemployment
4.3%
0.6pp above US avg
IRS migration statistics show a net inflow of about 1,106 for ZIP 48162 (Monroe 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 48162 (2020–Present)
Since 2020, population grew 3.1%, median income fell 3.6% (inflation-adjusted), home values increased 8.3%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $68,801 |
| Unemployment | 4.3% |
| Establishments | 540 |
| Employees | 10,056 |