Income & Economy in Elsie village, MI (48831)
Median Income
$61,800
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+128
Wealth inflow
Population
3,282
Unemployment
9.9%
6.2pp above US avg
IRS migration statistics show a net inflow of about 128 for ZIP 48831 (Elsie 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 48831 (2020–Present)
Since 2020, population declined 3.9%, median income rose 2.5% (inflation-adjusted), home values increased 12.2%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $61,800 |
| Unemployment | 9.9% |
| Establishments | 35 |
| Employees | 190 |