Income & Economy in Chilhowie town, VA (24319)
Median Income
$49,140
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+393
Wealth inflow
Population
6,963
Unemployment
1.4%
2.3pp below US avg
IRS migration statistics show a net inflow of about 393 for ZIP 24319 (Chilhowie 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 24319 (2020–Present)
Since 2020, population grew 1.8%, median income fell 11.1% (inflation-adjusted), home values decreased 8.0%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $49,140 |
| Unemployment | 1.4% |
| Establishments | 104 |
| Employees | 1,639 |