Income & Economy in Onaway city, MI (49765)
Median Income
$53,125
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+168
Wealth inflow
Population
4,287
Unemployment
12.7%
9.0pp above US avg
IRS migration statistics show a net inflow of about 168 for ZIP 49765 (Onaway 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 49765 (2020–Present)
Since 2020, population grew 4.1%, median income rose 2.6% (inflation-adjusted), home values increased 9.8%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $53,125 |
| Unemployment | 12.7% |
| Establishments | 99 |
| Employees | 784 |