Income & Economy in Racine city, WI (53405)
Median Income
$68,339
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,624
Wealth inflow
Population
27,843
Unemployment
3.0%
0.7pp below US avg
IRS migration statistics show a net inflow of about 1,624 for ZIP 53405 (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 53405 (2020–Present)
Since 2020, population grew 5.3%, median income fell 0.3% (inflation-adjusted), home values increased 9.1%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $68,339 |
| Unemployment | 3.0% |
| Establishments | 379 |
| Employees | 5,542 |