Income & Economy in Buchanan city, MI (49107)
Median Income
$65,118
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+405
Wealth inflow
Population
10,351
Unemployment
4.9%
1.2pp above US avg
IRS migration statistics show a net inflow of about 405 for ZIP 49107 (Buchanan 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.
Historical Trends in 49107 (2020–Present)
Since 2020, population grew 2.0%, median income rose 0.3% (inflation-adjusted), home values increased 1.6%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $65,118 |
| Unemployment | 4.9% |
| Establishments | 155 |
| Employees | 1,562 |