Income & Economy in Ferron city, UT (84523)
Median Income
$69,034
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+119
Wealth inflow
Population
1,569
Unemployment
8.2%
4.5pp above US avg
IRS migration statistics show a net inflow of about 119 for ZIP 84523 (Ferron city, UT) 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 84523 (2020–Present)
Since 2020, population declined 8.7%, median income fell 5.8% (inflation-adjusted), home values increased 21.2%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $69,034 |
| Unemployment | 8.2% |
| Establishments | 12 |
| Employees | 60 |