Income & Economy in Palo CDP, MI (48870)
Median Income
$34,091
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+8
Wealth inflow
Population
204
Unemployment
0.0%
3.7pp below US avg
IRS migration statistics show a net inflow of about 8 for ZIP 48870 (Palo 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 48870 (2020–Present)
Since 2020, population declined 25.5%, median income fell 3.1% (inflation-adjusted), home values decreased 5.9%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $34,091 |
| Unemployment | 0.0% |