Income & Economy in Shorewood village, IL (60404)
Median Income
$121,696
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,116
Wealth inflow
Population
20,052
Unemployment
4.7%
1.0pp above US avg
IRS migration statistics show a net inflow of about 1,116 for ZIP 60404 (Shorewood village, IL) 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 60404 (2020–Present)
Since 2020, population grew 4.9%, median income fell 2.1% (inflation-adjusted), home values increased 2.9%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $121,696 |
| Unemployment | 4.7% |
| Establishments | 449 |
| Employees | 6,346 |