Income & Economy in Elkhart Lake village, WI (53020)
Median Income
$90,536
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+207
Wealth inflow
Population
3,553
Unemployment
3.5%
0.2pp below US avg
IRS migration statistics show a net inflow of about 207 for ZIP 53020 (Elkhart Lake village, WI) 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 53020 (2020–Present)
Since 2020, population declined 7.6%, median income rose 4.1% (inflation-adjusted), home values increased 5.3%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $90,536 |
| Unemployment | 3.5% |
| Establishments | 84 |
| Employees | 1,019 |