Income & Economy in Elmwood village, WI (54740)
Median Income
$75,505
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+108
Wealth inflow
Population
1,858
Unemployment
1.4%
2.3pp below US avg
IRS migration statistics show a net inflow of about 108 for ZIP 54740 (Elmwood 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 54740 (2020–Present)
Since 2020, population declined 5.4%, median income fell 2.4% (inflation-adjusted), home values increased 10.0%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $75,505 |
| Unemployment | 1.4% |
| Establishments | 38 |
| Employees | 412 |