Income & Economy in Falkville town, AL (35622)
Median Income
$53,354
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+208
Wealth inflow
Population
6,532
Unemployment
4.3%
0.6pp above US avg
IRS migration statistics show a net inflow of about 208 for ZIP 35622 (Falkville town, AL) 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 35622 (2020–Present)
Since 2020, population declined 8.5%, median income fell 6.4% (inflation-adjusted), home values increased 42.0%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $53,354 |
| Unemployment | 4.3% |
| Establishments | 75 |
| Employees | 685 |