Income & Economy in Grant Park village, IL (60940)
Median Income
$97,778
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+195
Wealth inflow
Population
3,509
Unemployment
7.1%
3.4pp above US avg
IRS migration statistics show a net inflow of about 195 for ZIP 60940 (Grant Park 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 60940 (2020–Present)
Since 2020, population grew 14.6%, median income rose 10.7% (inflation-adjusted), home values decreased 9.8%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $97,778 |
| Unemployment | 7.1% |
| Establishments | 66 |
| Employees | 434 |