Income & Economy in Springfield city, IL (62711)
Median Income
$123,507
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,022
Wealth inflow
Population
18,351
Unemployment
2.4%
1.3pp below US avg
IRS migration statistics show a net inflow of about 1,022 for ZIP 62711 (Springfield city, 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 62711 (2020–Present)
Since 2020, population grew 12.4%, median income rose 5.9% (inflation-adjusted), home values increased 5.3%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $123,507 |
| Unemployment | 2.4% |
| Establishments | 487 |
| Employees | 8,408 |