Income & Economy in Elmwood CDP, LA (70123)
Median Income
$82,639
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,077
Wealth inflow
Population
27,209
Unemployment
4.9%
1.2pp above US avg
IRS migration statistics show a net inflow of about 1,077 for ZIP 70123 (Elmwood CDP, LA) 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 70123 (2020–Present)
Since 2020, population declined 2.5%, median income fell 2.5% (inflation-adjusted), home values increased 8.5%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $82,639 |
| Unemployment | 4.9% |
| Establishments | 1,336 |
| Employees | 25,160 |