Income & Economy in Shadeland town, IN (47909)
Median Income
$67,341
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,975
Wealth inflow
Population
42,971
Unemployment
2.8%
0.9pp below US avg
IRS migration statistics show a net inflow of about 1,975 for ZIP 47909 (Shadeland town, 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 47909 (2020–Present)
Since 2020, population declined 0.8%, median income fell 8.6% (inflation-adjusted), home values increased 22.1%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $67,341 |
| Unemployment | 2.8% |
| Establishments | 540 |
| Employees | 7,844 |