Income & Economy in Cape Charles town, VA (23310)
Median Income
$53,482
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+278
Wealth inflow
Population
4,934
Unemployment
5.1%
1.4pp above US avg
IRS migration statistics show a net inflow of about 278 for ZIP 23310 (Cape Charles town, 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 23310 (2020–Present)
Since 2020, population grew 18.2%, median income fell 7.0% (inflation-adjusted), home values increased 20.7%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $53,482 |
| Unemployment | 5.1% |
| Establishments | 140 |
| Employees | 936 |