Income & Economy in Hillsboro CDP, TN (37342)
Median Income
$65,471
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+133
Wealth inflow
Population
3,759
Unemployment
7.4%
3.7pp above US avg
IRS migration statistics show a net inflow of about 133 for ZIP 37342 (Hillsboro CDP, TN) 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 37342 (2020–Present)
Since 2020, population declined 12.3%, median income rose 0.8% (inflation-adjusted), home values increased 40.7%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $65,471 |
| Unemployment | 7.4% |
| Establishments | 38 |
| Employees | 310 |