Income & Economy in Colorado Springs city, CO (80916)
Median Income
$63,399
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,855
Wealth inflow
Population
40,579
Unemployment
9.4%
5.7pp above US avg
IRS migration statistics show a net inflow of about 1,855 for ZIP 80916 (Colorado Springs city, CO) 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 80916 (2020–Present)
Since 2020, population declined 1.4%, median income rose 5.4% (inflation-adjusted), home values increased 28.3%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $63,399 |
| Unemployment | 9.4% |
| Establishments | 519 |
| Employees | 14,423 |