Income & Economy in Water Mill CDP, NY (11976)
Median Income
$158,000
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+106
Wealth inflow
Population
2,447
Unemployment
6.3%
2.6pp above US avg
IRS migration statistics show a net inflow of about 106 for ZIP 11976 (Water Mill CDP, 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 11976 (2020–Present)
Since 2020, population grew 32.5%, median income fell 23.7% (inflation-adjusted), home values decreased 1.5%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $158,000 |
| Unemployment | 6.3% |
| Establishments | 170 |
| Employees | 1,097 |