Income & Economy in Farmerville town, LA (71241)
Median Income
$44,895
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+308
Wealth inflow
Population
7,773
Unemployment
6.9%
3.2pp above US avg
IRS migration statistics show a net inflow of about 308 for ZIP 71241 (Farmerville town, 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 71241 (2020–Present)
Since 2020, population declined 21.2%, median income fell 26.9% (inflation-adjusted), home values decreased 4.4%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $44,895 |
| Unemployment | 6.9% |
| Establishments | 226 |
| Employees | 3,816 |