Income & Economy in Portland city, IN (47371)
Median Income
$59,215
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+572
Wealth inflow
Population
12,450
Unemployment
3.4%
0.3pp below US avg
IRS migration statistics show a net inflow of about 572 for ZIP 47371 (Portland 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 47371 (2020–Present)
Since 2020, population grew 4.7%, median income rose 7.5% (inflation-adjusted), home values decreased 2.4%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $59,215 |
| Unemployment | 3.4% |
| Establishments | 309 |
| Employees | 5,144 |