Income & Economy in Racine city, WI (53404)
Median Income
$47,714
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+726
Wealth inflow
Population
12,438
Unemployment
11.1%
7.4pp above US avg
IRS migration statistics show a net inflow of about 726 for ZIP 53404 (Racine 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 53404 (2020–Present)
Since 2020, population declined 10.7%, median income rose 11.9% (inflation-adjusted), home values increased 9.6%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $47,714 |
| Unemployment | 11.1% |
| Establishments | 233 |
| Employees | 3,243 |