Income & Economy in Chicago city, IL (60605)
Median Income
$118,403
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,907
Wealth inflow
Population
34,256
Unemployment
10.3%
6.6pp above US avg
IRS migration statistics show a net inflow of about 1,907 for ZIP 60605 (Chicago city, 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 60605 (2020–Present)
Since 2020, population grew 10.7%, median income fell 7.9% (inflation-adjusted), home values increased 4.2%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $118,403 |
| Unemployment | 10.3% |
| Establishments | 1,087 |
| Employees | 22,820 |