Income & Economy in Honor village, MI (49640)
Median Income
$83,750
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+50
Wealth inflow
Population
1,266
Unemployment
3.9%
0.2pp above US avg
IRS migration statistics show a net inflow of about 50 for ZIP 49640 (Honor 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 49640 (2020–Present)
Since 2020, population declined 7.5%, median income rose 25.5% (inflation-adjusted), home values increased 4.2%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $83,750 |
| Unemployment | 3.9% |
| Establishments | 45 |
| Employees | 457 |