Income & Economy in Belknap village, IL (62908)
Median Income
$67,250
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+20
Wealth inflow
Population
365
Unemployment
2.7%
1.0pp below US avg
IRS migration statistics show a net inflow of about 20 for ZIP 62908 (Belknap 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 62908 (2020–Present)
Since 2020, population declined 41.0%, median income fell 23.3% (inflation-adjusted), home values increased 3.9%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $67,250 |
| Unemployment | 2.7% |
| Establishments | 4 |
| Employees | 20 |