Income & Economy in Shepherd village, MI (48883)
Median Income
$66,364
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+264
Wealth inflow
Population
6,755
Unemployment
5.3%
1.6pp above US avg
IRS migration statistics show a net inflow of about 264 for ZIP 48883 (Shepherd 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 48883 (2020–Present)
Since 2020, population declined 5.0%, median income fell 2.2% (inflation-adjusted), home values increased 12.1%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $66,364 |
| Unemployment | 5.3% |
| Establishments | 92 |
| Employees | 635 |