Income & Economy in Freeland CDP, MI (48623)
Median Income
$96,371
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+592
Wealth inflow
Population
15,126
Unemployment
3.7%
0.0pp below US avg
IRS migration statistics show a net inflow of about 592 for ZIP 48623 (Freeland CDP, 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 48623 (2020–Present)
Since 2020, population grew 10.5%, median income rose 9.5% (inflation-adjusted), home values increased 17.4%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $96,371 |
| Unemployment | 3.7% |
| Establishments | 274 |
| Employees | 2,399 |