Income & Economy in Chattanooga city, TN (37416)
Median Income
$65,083
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+500
Wealth inflow
Population
14,089
Unemployment
6.1%
2.4pp above US avg
IRS migration statistics show a net inflow of about 500 for ZIP 37416 (Chattanooga city, 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 37416 (2020–Present)
Since 2020, population declined 8.0%, median income rose 12.2% (inflation-adjusted), home values increased 30.9%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $65,083 |
| Unemployment | 6.1% |
| Establishments | 415 |
| Employees | 16,162 |