Income & Economy in Washington Park village, IL (62204)
Median Income
$36,789
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+269
Wealth inflow
Population
4,824
Unemployment
18.1%
14.4pp above US avg
IRS migration statistics show a net inflow of about 269 for ZIP 62204 (Washington Park 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 62204 (2020–Present)
Since 2020, population declined 41.3%, median income rose 27.6% (inflation-adjusted), home values decreased 10.0%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $36,789 |
| Unemployment | 18.1% |
| Establishments | 27 |
| Employees | 282 |