Income & Economy in Fredericksburg city, TX (78624)
Median Income
$67,987
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,114
Wealth inflow
Population
23,610
Unemployment
4.0%
0.3pp above US avg
IRS migration statistics show a net inflow of about 1,114 for ZIP 78624 (Fredericksburg 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 78624 (2020–Present)
Since 2020, population grew 3.8%, median income fell 7.4% (inflation-adjusted), home values increased 17.7%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $67,987 |
| Unemployment | 4.0% |
| Establishments | 1,099 |
| Employees | 11,097 |