Income & Economy in Palmetto village, LA (71358)
Median Income
$43,750
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+40
Wealth inflow
Population
1,006
Unemployment
15.2%
11.5pp above US avg
IRS migration statistics show a net inflow of about 40 for ZIP 71358 (Palmetto village, 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 71358 (2020–Present)
Since 2020, population declined 11.4%, median income fell 35.6% (inflation-adjusted), home values decreased 37.7%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $43,750 |
| Unemployment | 15.2% |
| Establishments | 12 |
| Employees | 120 |