Income & Economy in Merrill village, MI (48637)
Median Income
$63,900
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+120
Wealth inflow
Population
3,068
Unemployment
10.6%
6.9pp above US avg
IRS migration statistics show a net inflow of about 120 for ZIP 48637 (Merrill 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 48637 (2020–Present)
Since 2020, population declined 8.3%, median income fell 3.0% (inflation-adjusted), home values increased 6.3%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $63,900 |
| Unemployment | 10.6% |
| Establishments | 32 |
| Employees | 180 |