Income & Economy in Mio CDP, MI (48647)
Median Income
$50,594
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+158
Wealth inflow
Population
4,044
Unemployment
10.6%
6.9pp above US avg
IRS migration statistics show a net inflow of about 158 for ZIP 48647 (Mio 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 48647 (2020–Present)
Since 2020, population declined 7.9%, median income fell 0.8% (inflation-adjusted), home values increased 7.4%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $50,594 |
| Unemployment | 10.6% |
| Establishments | 102 |
| Employees | 678 |