Income & Economy in Detroit city, MI (48238)
Median Income
$30,286
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+961
Wealth inflow
Population
24,569
Unemployment
20.6%
16.9pp above US avg
IRS migration statistics show a net inflow of about 961 for ZIP 48238 (Detroit 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 48238 (2020–Present)
Since 2020, population declined 2.7%, median income fell 7.2% (inflation-adjusted), home values increased 21.6%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $30,286 |
| Unemployment | 20.6% |
| Establishments | 264 |
| Employees | 2,611 |