Income & Economy in Mendota city, IL (61342)
Median Income
$65,184
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+466
Wealth inflow
Population
8,373
Unemployment
5.0%
1.3pp above US avg
IRS migration statistics show a net inflow of about 466 for ZIP 61342 (Mendota 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 61342 (2020–Present)
Since 2020, population declined 1.2%, median income fell 12.0% (inflation-adjusted), home values decreased 8.4%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $65,184 |
| Unemployment | 5.0% |
| Establishments | 197 |
| Employees | 2,672 |