Income & Economy in Norton city, VA (24273)
Median Income
$39,797
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+331
Wealth inflow
Population
5,860
Unemployment
5.7%
2.0pp above US avg
IRS migration statistics show a net inflow of about 331 for ZIP 24273 (Norton 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 24273 (2020–Present)
Since 2020, population declined 3.2%, median income rose 10.6% (inflation-adjusted), home values increased 20.1%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $39,797 |
| Unemployment | 5.7% |
| Establishments | 228 |
| Employees | 4,403 |