Income & Economy in Peoria city, IL (61604)
Median Income
$50,628
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,531
Wealth inflow
Population
27,502
Unemployment
6.2%
2.5pp above US avg
IRS migration statistics show a net inflow of about 1,531 for ZIP 61604 (Peoria 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 61604 (2020–Present)
Since 2020, population declined 6.3%, median income fell 9.6% (inflation-adjusted), home values decreased 5.5%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $50,628 |
| Unemployment | 6.2% |
| Establishments | 426 |
| Employees | 6,719 |