Income & Economy in Mill Shoals village, IL (62862)
Median Income
$61,563
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+15
Wealth inflow
Population
262
Unemployment
2.8%
0.9pp below US avg
IRS migration statistics show a net inflow of about 15 for ZIP 62862 (Mill Shoals 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 62862 (2020–Present)
Since 2020, population declined 10.0%, median income fell 1.0% (inflation-adjusted), home values increased 1.9%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $61,563 |
| Unemployment | 2.8% |