Income & Economy in Madison Heights city, MI (48071)
Median Income
$66,726
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,112
Wealth inflow
Population
28,411
Unemployment
2.8%
0.9pp below US avg
IRS migration statistics show a net inflow of about 1,112 for ZIP 48071 (Madison Heights 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 48071 (2020–Present)
Since 2020, population declined 5.3%, median income rose 3.7% (inflation-adjusted), home values increased 17.4%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $66,726 |
| Unemployment | 2.8% |
| Establishments | 1,105 |
| Employees | 22,868 |