Income & Economy in Byron village, MI (48418)
Median Income
$72,210
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+178
Wealth inflow
Population
4,544
Unemployment
2.3%
1.4pp below US avg
IRS migration statistics show a net inflow of about 178 for ZIP 48418 (Byron 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 48418 (2020–Present)
Since 2020, population grew 9.1%, median income fell 15.3% (inflation-adjusted), home values increased 12.0%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $72,210 |
| Unemployment | 2.3% |
| Establishments | 58 |
| Employees | 236 |