Income & Economy in Applegate village, MI (48401)
Median Income
$68,571
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+51
Wealth inflow
Population
1,310
Unemployment
4.0%
0.3pp above US avg
IRS migration statistics show a net inflow of about 51 for ZIP 48401 (Applegate village, 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 48401 (2020–Present)
Since 2020, population declined 2.7%, median income rose 12.7% (inflation-adjusted), home values increased 6.9%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $68,571 |
| Unemployment | 4.0% |
| Establishments | 11 |
| Employees | 39 |