Income & Economy in Detroit city, MI (48234)
Median Income
$36,473
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,268
Wealth inflow
Population
32,406
Unemployment
15.4%
11.7pp above US avg
IRS migration statistics show a net inflow of about 1,268 for ZIP 48234 (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 48234 (2020–Present)
Since 2020, population declined 4.6%, median income fell 0.2% (inflation-adjusted), home values increased 11.2%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $36,473 |
| Unemployment | 15.4% |
| Establishments | 321 |
| Employees | 3,770 |