Income & Economy in Falmouth CDP, MI (49632)
Median Income
$47,321
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+40
Wealth inflow
Population
1,010
Unemployment
4.1%
0.4pp above US avg
IRS migration statistics show a net inflow of about 40 for ZIP 49632 (Falmouth 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 49632 (2020–Present)
Since 2020, population declined 3.1%, median income fell 4.3% (inflation-adjusted), home values decreased 0.5%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $47,321 |
| Unemployment | 4.1% |
| Establishments | 29 |
| Employees | 345 |