Income & Economy in Owosso city, MI (48867)
Median Income
$58,718
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,072
Wealth inflow
Population
27,399
Unemployment
5.1%
1.4pp above US avg
IRS migration statistics show a net inflow of about 1,072 for ZIP 48867 (Owosso 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 48867 (2020–Present)
Since 2020, population grew 1.5%, median income rose 6.3% (inflation-adjusted), home values increased 8.2%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $58,718 |
| Unemployment | 5.1% |
| Establishments | 614 |
| Employees | 9,322 |