Income & Economy in Chesaning village, MI (48616)
Median Income
$67,801
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+301
Wealth inflow
Population
7,702
Unemployment
4.0%
0.3pp above US avg
IRS migration statistics show a net inflow of about 301 for ZIP 48616 (Chesaning 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 48616 (2020–Present)
Since 2020, population grew 8.2%, median income rose 11.6% (inflation-adjusted), home values increased 14.4%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $67,801 |
| Unemployment | 4.0% |
| Establishments | 149 |
| Employees | 1,369 |