Income & Economy in Rockford city, IL (61107)
Median Income
$75,492
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,641
Wealth inflow
Population
29,473
Unemployment
7.5%
3.8pp above US avg
IRS migration statistics show a net inflow of about 1,641 for ZIP 61107 (Rockford 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 61107 (2020–Present)
Since 2020, population declined 3.1%, median income rose 3.2% (inflation-adjusted), home values increased 10.4%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $75,492 |
| Unemployment | 7.5% |
| Establishments | 715 |
| Employees | 10,782 |