Income & Economy in Ypsilanti city, MI (48197)
Median Income
$70,913
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+2,579
Wealth inflow
Population
65,911
Unemployment
6.2%
2.5pp above US avg
IRS migration statistics show a net inflow of about 2,579 for ZIP 48197 (Ypsilanti 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 48197 (2020–Present)
Since 2020, population declined 2.1%, median income fell 3.1% (inflation-adjusted), home values increased 10.4%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $70,913 |
| Unemployment | 6.2% |
| Establishments | 1,038 |
| Employees | 14,110 |