Income & Economy in Westgate city, IA (50681)
Median Income
$69,688
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+27
Wealth inflow
Population
467
Unemployment
7.4%
3.7pp above US avg
IRS migration statistics show a net inflow of about 27 for ZIP 50681 (Westgate 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 50681 (2020–Present)
Since 2020, population grew 25.9%, median income fell 3.0% (inflation-adjusted), home values increased 34.6%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $69,688 |
| Unemployment | 7.4% |
| Establishments | 3 |
| Employees | 6 |