Income & Economy in Salem city, IN (47167)
Median Income
$57,697
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+716
Wealth inflow
Population
15,573
Unemployment
4.5%
0.8pp above US avg
IRS migration statistics show a net inflow of about 716 for ZIP 47167 (Salem city, 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 47167 (2020–Present)
Since 2020, population grew 7.5%, median income rose 0.0% (inflation-adjusted), home values increased 18.1%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $57,697 |
| Unemployment | 4.5% |
| Establishments | 330 |
| Employees | 3,905 |