Income & Economy in Big Bay CDP, MI (49808)
Median Income
$49,063
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+9
Wealth inflow
Population
237
Unemployment
5.0%
1.3pp above US avg
IRS migration statistics show a net inflow of about 9 for ZIP 49808 (Big Bay 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 49808 (2020–Present)
Since 2020, population declined 59.6%, median income rose 7.5% (inflation-adjusted), home values increased 54.8%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $49,063 |
| Unemployment | 5.0% |
| Establishments | 14 |
| Employees | 238 |