Income & Economy in Colon village, MI (49040)
Median Income
$58,693
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+131
Wealth inflow
Population
3,341
Unemployment
3.3%
0.4pp below US avg
IRS migration statistics show a net inflow of about 131 for ZIP 49040 (Colon 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 49040 (2020–Present)
Since 2020, population declined 0.4%, median income fell 5.4% (inflation-adjusted), home values decreased 12.7%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $58,693 |
| Unemployment | 3.3% |
| Establishments | 46 |
| Employees | 509 |