Income & Economy in Elkhorn city, WI (53121)
Median Income
$83,635
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,087
Wealth inflow
Population
18,640
Unemployment
1.4%
2.3pp below US avg
IRS migration statistics show a net inflow of about 1,087 for ZIP 53121 (Elkhorn city, 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 53121 (2020–Present)
Since 2020, population declined 1.9%, median income fell 4.4% (inflation-adjusted), home values increased 9.7%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $83,635 |
| Unemployment | 1.4% |
| Establishments | 561 |
| Employees | 7,369 |