Income & Economy in Southfield city, MI (48075)
Median Income
$67,630
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+906
Wealth inflow
Population
23,158
Unemployment
7.8%
4.1pp above US avg
IRS migration statistics show a net inflow of about 906 for ZIP 48075 (Southfield 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 48075 (2020–Present)
Since 2020, population grew 6.2%, median income fell 1.4% (inflation-adjusted), home values increased 14.9%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $67,630 |
| Unemployment | 7.8% |
| Establishments | 1,196 |
| Employees | 28,976 |