Income & Economy in Midland city, MI (48640)
Median Income
$81,630
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,277
Wealth inflow
Population
32,630
Unemployment
5.3%
1.6pp above US avg
IRS migration statistics show a net inflow of about 1,277 for ZIP 48640 (Midland 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 48640 (2020–Present)
Since 2020, population grew 0.8%, median income rose 5.9% (inflation-adjusted), home values increased 4.5%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $81,630 |
| Unemployment | 5.3% |
| Establishments | 981 |
| Employees | 18,756 |