Income & Economy in Otisville village, MI (48463)
Median Income
$69,893
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+177
Wealth inflow
Population
4,536
Unemployment
3.0%
0.7pp below US avg
IRS migration statistics show a net inflow of about 177 for ZIP 48463 (Otisville village, 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 48463 (2020–Present)
Since 2020, population declined 0.5%, median income fell 2.8% (inflation-adjusted), home values increased 18.3%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $69,893 |
| Unemployment | 3.0% |
| Establishments | 65 |
| Employees | 362 |