Income & Economy in Cannelton city, IN (47520)
Median Income
$52,969
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+127
Wealth inflow
Population
2,768
Unemployment
7.3%
3.5pp above US avg
IRS migration statistics show a net inflow of about 127 for ZIP 47520 (Cannelton 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 47520 (2020–Present)
Since 2020, population declined 1.6%, median income fell 8.8% (inflation-adjusted), home values increased 27.4%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $52,969 |
| Unemployment | 7.3% |
| Establishments | 33 |
| Employees | 229 |