Income & Economy in Lovington village, IL (61937)
Median Income
$58,092
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+99
Wealth inflow
Population
1,785
Unemployment
4.9%
1.2pp above US avg
IRS migration statistics show a net inflow of about 99 for ZIP 61937 (Lovington 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 61937 (2020–Present)
Since 2020, population declined 0.6%, median income fell 4.5% (inflation-adjusted), home values increased 4.0%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $58,092 |
| Unemployment | 4.9% |
| Establishments | 33 |
| Employees | 185 |