Income & Economy in Sherwood village, MI (49089)
Median Income
$61,900
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+80
Wealth inflow
Population
2,044
Unemployment
8.4%
4.7pp above US avg
IRS migration statistics show a net inflow of about 80 for ZIP 49089 (Sherwood 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 49089 (2020–Present)
Since 2020, population grew 4.7%, median income rose 5.7% (inflation-adjusted), home values decreased 5.6%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $61,900 |
| Unemployment | 8.4% |
| Establishments | 5 |
| Employees | 9 |