Income & Economy in Carp Lake CDP, MI (49718)
Median Income
$44,712
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+24
Wealth inflow
Population
622
Unemployment
7.9%
4.2pp above US avg
IRS migration statistics show a net inflow of about 24 for ZIP 49718 (Carp Lake CDP, 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 49718 (2020–Present)
Since 2020, population declined 17.5%, median income fell 4.9% (inflation-adjusted), home values increased 8.4%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $44,712 |
| Unemployment | 7.9% |
| Establishments | 12 |
| Employees | 65 |