Income & Economy in Palmer CDP, MI (49871)
Median Income
$60,625
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+18
Wealth inflow
Population
448
Unemployment
6.2%
2.5pp above US avg
IRS migration statistics show a net inflow of about 18 for ZIP 49871 (Palmer 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 49871 (2020–Present)
Since 2020, population declined 16.4%, median income rose 4.1% (inflation-adjusted), home values decreased 2.3%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $60,625 |
| Unemployment | 6.2% |
| Establishments | 5 |
| Employees | 14 |