Income & Economy in Elkhart city, IA (50073)
Median Income
$94,712
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+58
Wealth inflow
Population
1,018
Unemployment
0.3%
3.4pp below US avg
IRS migration statistics show a net inflow of about 58 for ZIP 50073 (Elkhart city, IA) 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 50073 (2020–Present)
Since 2020, population declined 7.8%, median income fell 3.7% (inflation-adjusted), home values increased 5.3%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $94,712 |
| Unemployment | 0.3% |
| Establishments | 35 |
| Employees | 285 |