Income & Economy in Rapid River CDP, MI (49878)
Median Income
$63,750
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+125
Wealth inflow
Population
3,184
Unemployment
5.9%
2.2pp above US avg
IRS migration statistics show a net inflow of about 125 for ZIP 49878 (Rapid River 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 49878 (2020–Present)
Since 2020, population declined 5.5%, median income rose 7.5% (inflation-adjusted), home values increased 7.0%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $63,750 |
| Unemployment | 5.9% |
| Establishments | 60 |
| Employees | 323 |