Income & Economy in Alpena city, MI (49707)
Median Income
$50,699
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+863
Wealth inflow
Population
22,050
Unemployment
7.1%
3.4pp above US avg
IRS migration statistics show a net inflow of about 863 for ZIP 49707 (Alpena 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 49707 (2020–Present)
Since 2020, population grew 1.7%, median income rose 2.7% (inflation-adjusted), home values increased 10.7%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $50,699 |
| Unemployment | 7.1% |
| Establishments | 707 |
| Employees | 9,642 |