Income & Economy in Detroit city, MI (48216)
Median Income
$42,278
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+222
Wealth inflow
Population
5,681
Unemployment
9.7%
6.0pp above US avg
IRS migration statistics show a net inflow of about 222 for ZIP 48216 (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 48216 (2020–Present)
Since 2020, population grew 4.7%, median income fell 0.9% (inflation-adjusted), home values increased 31.5%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $42,278 |
| Unemployment | 9.7% |
| Establishments | 247 |
| Employees | 4,066 |