Income & Economy in Cowden village, IL (62422)
Median Income
$61,759
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+56
Wealth inflow
Population
1,004
Unemployment
2.9%
0.8pp below US avg
IRS migration statistics show a net inflow of about 56 for ZIP 62422 (Cowden 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 62422 (2020–Present)
Since 2020, population declined 2.7%, median income rose 16.3% (inflation-adjusted), home values increased 1.4%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $61,759 |
| Unemployment | 2.9% |
| Establishments | 16 |
| Employees | 94 |