Income & Economy in Saginaw city, MI (48602)
Median Income
$46,068
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,076
Wealth inflow
Population
27,490
Unemployment
10.0%
6.3pp above US avg
IRS migration statistics show a net inflow of about 1,076 for ZIP 48602 (Saginaw 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 48602 (2020–Present)
Since 2020, population declined 8.7%, median income rose 6.8% (inflation-adjusted), home values increased 7.2%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $46,068 |
| Unemployment | 10.0% |
| Establishments | 419 |
| Employees | 13,542 |