Income & Economy in Charlottesville city, VA (22903)
Median Income
$64,352
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+2,253
Wealth inflow
Population
39,925
Unemployment
5.3%
1.6pp above US avg
IRS migration statistics show a net inflow of about 2,253 for ZIP 22903 (Charlottesville city, VA) 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 22903 (2020–Present)
Since 2020, population declined 0.7%, median income fell 10.0% (inflation-adjusted), home values increased 3.7%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $64,352 |
| Unemployment | 5.3% |
| Establishments | 1,067 |
| Employees | 13,258 |