ZIP 48708 — Economy & Jobs

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Income, employment, industries, and economic trends

Income & Economy in Bay City city, MI (48708)

Median Income

$50,216

*Adjusted for inflation (2023 dollars)

IRS Net Migration

+1,008

Wealth inflow

Population

25,751

Unemployment

6.2%

2.5pp above US avg

IRS migration statistics show a net inflow of about 1,008 for ZIP 48708 (Bay City 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.

Economic Indicators

Unemployment

6.2%+68% vs US avg

Self-Employed

2.8%-54% vs US avg

SNAP Benefits

21.8%+86% vs US avg

548

Establishments

9,843

Employees

~18 per establishment — small businesses dominate

Healthcare

Top Industry

Economic Distributions

Census ACS 5-Year (P0): occupation, industry, household income brackets.

Occupation

Industry

Agriculture, forestry, mining1.6%
Construction4.0%
Manufacturing12.7%
Wholesale trade1.6%
Retail trade17.4%
Transportation, utilities2.6%
Information1.3%
Finance, insurance, real estate3.6%
Professional, scientific, management6.4%
Education, health care, social26.1%
Arts, entertainment, food services13.2%
Other services6.8%
Public administration2.6%

Household Income

Historical Trends in 48708 (2020–Present)

Since 2020, population declined 1.9%, median income rose 5.4% (inflation-adjusted), home values increased 10.1%.

Median Income

$50,216

-33% vs US avg

Unemployment Rate