Income & Economy in Detroit city, MI (48206)
Median Income
$43,702
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+644
Wealth inflow
Population
16,447
Unemployment
16.2%
12.5pp above US avg
IRS migration statistics show a net inflow of about 644 for ZIP 48206 (Detroit 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 48206 (2020–Present)
Since 2020, population declined 0.5%, median income rose 23.2% (inflation-adjusted), home values increased 49.3%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $43,702 |
| Unemployment | 16.2% |
| Establishments | 105 |
| Employees | 772 |