Income & Economy in Middletown city, NY (10940)
Median Income
$87,198
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+2,293
Wealth inflow
Population
53,099
Unemployment
6.4%
2.7pp above US avg
IRS migration statistics show a net inflow of about 2,293 for ZIP 10940 (Middletown city, NY) 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 10940 (2020–Present)
Since 2020, population grew 7.4%, median income rose 9.0% (inflation-adjusted), home values increased 16.0%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $87,198 |
| Unemployment | 6.4% |
| Establishments | 1,320 |
| Employees | 20,033 |