Income & Economy in Ypsilanti city, MI (48198)
Median Income
$63,678
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,546
Wealth inflow
Population
39,507
Unemployment
8.8%
5.0pp above US avg
IRS migration statistics show a net inflow of about 1,546 for ZIP 48198 (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 48198 (2020–Present)
Since 2020, population grew 1.8%, median income rose 4.4% (inflation-adjusted), home values increased 28.2%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $63,678 |
| Unemployment | 8.8% |
| Establishments | 445 |
| Employees | 6,167 |