Income & Economy in Chicago city, IL (60647)
Median Income
$102,851
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+4,764
Wealth inflow
Population
85,589
Unemployment
4.1%
0.4pp above US avg
IRS migration statistics show a net inflow of about 4,764 for ZIP 60647 (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 60647 (2020–Present)
Since 2020, population declined 0.1%, median income rose 6.0% (inflation-adjusted), home values increased 8.9%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $102,851 |
| Unemployment | 4.1% |
| Establishments | 2,060 |
| Employees | 18,625 |