Income & Economy in Lafayette city, IN (47904)
Median Income
$46,841
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+751
Wealth inflow
Population
16,340
Unemployment
3.8%
0.1pp above US avg
IRS migration statistics show a net inflow of about 751 for ZIP 47904 (Lafayette 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 47904 (2020–Present)
Since 2020, population declined 0.9%, median income rose 8.1% (inflation-adjusted), home values increased 15.2%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $46,841 |
| Unemployment | 3.8% |
| Establishments | 473 |
| Employees | 8,254 |