Income & Economy in Hancock city, MI (49930)
Median Income
$67,946
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+282
Wealth inflow
Population
7,199
Unemployment
1.7%
2.0pp below US avg
IRS migration statistics show a net inflow of about 282 for ZIP 49930 (Hancock 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 49930 (2020–Present)
Since 2020, population grew 2.4%, median income rose 22.1% (inflation-adjusted), home values increased 44.7%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $67,946 |
| Unemployment | 1.7% |
| Establishments | 193 |
| Employees | 2,210 |