Income & Economy in St. Michaels town, MD (21663)
Median Income
$81,932
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+220
Wealth inflow
Population
3,745
Unemployment
4.9%
1.2pp above US avg
IRS migration statistics show a net inflow of about 220 for ZIP 21663 (St. Michaels town, MD) 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 21663 (2020–Present)
Since 2020, population grew 0.8%, median income fell 5.9% (inflation-adjusted), home values increased 8.2%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $81,932 |
| Unemployment | 4.9% |
| Establishments | 148 |
| Employees | 1,396 |