Income & Economy in Walled Lake city, MI (48390)
Median Income
$89,411
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+944
Wealth inflow
Population
24,118
Unemployment
5.1%
1.4pp above US avg
IRS migration statistics show a net inflow of about 944 for ZIP 48390 (Walled Lake 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 48390 (2020–Present)
Since 2020, population declined 1.4%, median income rose 0.4% (inflation-adjusted), home values increased 9.3%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $89,411 |
| Unemployment | 5.1% |
| Establishments | 772 |
| Employees | 9,857 |