Income & Economy in Concord village, IL (62631)
Median Income
$61,563
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+13
Wealth inflow
Population
239
Unemployment
1.1%
2.6pp below US avg
IRS migration statistics show a net inflow of about 13 for ZIP 62631 (Concord 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 62631 (2020–Present)
Since 2020, population declined 12.8%, median income rose 36.2% (inflation-adjusted), home values increased 8.0%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $61,563 |
| Unemployment | 1.1% |