Income & Economy in Freeland CDP, MI (48603)
Median Income
$65,690
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,090
Wealth inflow
Population
27,846
Unemployment
5.5%
1.8pp above US avg
IRS migration statistics show a net inflow of about 1,090 for ZIP 48603 (Freeland CDP, 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 48603 (2020–Present)
Since 2020, population grew 5.2%, median income fell 0.6% (inflation-adjusted), home values increased 8.5%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $65,690 |
| Unemployment | 5.5% |
| Establishments | 736 |
| Employees | 14,247 |