Income & Economy in Paw Paw Lake CDP, MI (49098)
Median Income
$56,899
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+227
Wealth inflow
Population
5,791
Unemployment
3.6%
0.1pp below US avg
IRS migration statistics show a net inflow of about 227 for ZIP 49098 (Paw Paw Lake 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 49098 (2020–Present)
Since 2020, population declined 10.2%, median income fell 1.6% (inflation-adjusted), home values increased 13.4%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $56,899 |
| Unemployment | 3.6% |
| Establishments | 105 |
| Employees | 1,367 |