Income & Economy in Collinsville town, AL (35961)
Median Income
$44,119
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+191
Wealth inflow
Population
5,997
Unemployment
0.7%
3.0pp below US avg
IRS migration statistics show a net inflow of about 191 for ZIP 35961 (Collinsville 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 35961 (2020–Present)
Since 2020, population declined 9.5%, median income fell 4.5% (inflation-adjusted), home values decreased 16.1%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $44,119 |
| Unemployment | 0.7% |
| Establishments | 46 |
| Employees | 1,567 |