Income & Economy in Fredericksburg CDP, IN (47120)
Median Income
$58,906
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+38
Wealth inflow
Population
824
Unemployment
0.0%
3.7pp below US avg
IRS migration statistics show a net inflow of about 38 for ZIP 47120 (Fredericksburg CDP, IN) 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 47120 (2020–Present)
Since 2020, population declined 3.3%, median income fell 15.5% (inflation-adjusted), home values increased 20.2%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $58,906 |
| Unemployment | 0.0% |
| Establishments | 10 |
| Employees | 112 |