Income & Economy in Philo village, IL (61864)
Median Income
$91,827
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+95
Wealth inflow
Population
1,714
Unemployment
1.0%
2.7pp below US avg
IRS migration statistics show a net inflow of about 95 for ZIP 61864 (Philo 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 61864 (2020–Present)
Since 2020, population declined 3.1%, median income fell 2.3% (inflation-adjusted), home values increased 2.6%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $91,827 |
| Unemployment | 1.0% |
| Establishments | 31 |
| Employees | 233 |