Income & Economy in Niles city, MI (49120)
Median Income
$61,940
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,434
Wealth inflow
Population
36,652
Unemployment
5.8%
2.1pp above US avg
IRS migration statistics show a net inflow of about 1,434 for ZIP 49120 (Niles 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 49120 (2020–Present)
Since 2020, population grew 2.7%, median income fell 0.7% (inflation-adjusted), home values increased 9.0%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $61,940 |
| Unemployment | 5.8% |
| Establishments | 657 |
| Employees | 9,131 |