ZIP 48706 — Economy & Jobs

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Income, employment, industries, and economic trends

Income & Economy in Bay City city, MI (48706)

Median Income

$61,908

*Adjusted for inflation (2023 dollars)

IRS Net Migration

+1,516

Wealth inflow

Population

38,756

Unemployment

4.5%

0.8pp above US avg

IRS migration statistics show a net inflow of about 1,516 for ZIP 48706 (Bay City 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.

Economic Indicators

Unemployment

4.5%+22% vs US avg

Self-Employed

2.5%-59% vs US avg

SNAP Benefits

10.7%-8% vs US avg

904

Establishments

12,822

Employees

~14 per establishment — small businesses dominate

Healthcare

Top Industry

Economic Distributions

Census ACS 5-Year (P0): occupation, industry, household income brackets.

Occupation

Industry

Agriculture, forestry, mining0.3%
Construction4.5%
Manufacturing18.3%
Wholesale trade1.9%
Retail trade12.5%
Transportation, utilities5.0%
Information1.4%
Finance, insurance, real estate5.7%
Professional, scientific, management8.6%
Education, health care, social28.0%
Arts, entertainment, food services7.5%
Other services3.3%
Public administration3.2%

Household Income

Historical Trends in 48706 (2020–Present)

Since 2020, population grew 0.3%, median income rose 9.2% (inflation-adjusted), home values increased 11.4%.

Median Income

$61,908

-18% vs US avg

Unemployment Rate