Income & Economy in Bloomington city, IN (47408)
Median Income
$45,584
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+996
Wealth inflow
Population
21,660
Unemployment
6.1%
2.4pp above US avg
IRS migration statistics show a net inflow of about 996 for ZIP 47408 (Bloomington 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 47408 (2020–Present)
Since 2020, population declined 9.6%, median income fell 9.0% (inflation-adjusted), home values increased 12.9%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $45,584 |
| Unemployment | 6.1% |
| Establishments | 311 |
| Employees | 3,327 |