Income & Economy in Galveston city, TX (77551)
Median Income
$59,792
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,039
Wealth inflow
Population
22,031
Unemployment
5.0%
1.3pp above US avg
IRS migration statistics show a net inflow of about 1,039 for ZIP 77551 (Galveston city, TX) 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 77551 (2020–Present)
Since 2020, population declined 0.8%, median income fell 2.7% (inflation-adjusted), home values increased 23.9%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $59,792 |
| Unemployment | 5.0% |
| Establishments | 399 |
| Employees | 6,054 |