Income & Economy in Gorham village, IL (62940)
Median Income
$75,033
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+32
Wealth inflow
Population
569
Unemployment
14.0%
10.3pp above US avg
IRS migration statistics show a net inflow of about 32 for ZIP 62940 (Gorham 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 62940 (2020–Present)
Since 2020, population declined 20.3%, median income fell 2.1% (inflation-adjusted), home values increased 3.8%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $75,033 |
| Unemployment | 14.0% |
| Establishments | 5 |
| Employees | 10 |