Income & Economy in Shipman town, IL (62685)
Median Income
$63,750
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+92
Wealth inflow
Population
1,648
Unemployment
2.1%
1.6pp below US avg
IRS migration statistics show a net inflow of about 92 for ZIP 62685 (Shipman town, 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 62685 (2020–Present)
Since 2020, population declined 23.0%, median income fell 2.7% (inflation-adjusted), home values decreased 18.1%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $63,750 |
| Unemployment | 2.1% |
| Establishments | 23 |
| Employees | 125 |