Income & Economy in Banks city, OR (97106)
Median Income
$108,383
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+254
Wealth inflow
Population
5,009
Unemployment
5.0%
1.3pp above US avg
IRS migration statistics show a net inflow of about 254 for ZIP 97106 (Banks city, OR) 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 97106 (2020–Present)
Since 2020, population grew 1.4%, median income fell 13.4% (inflation-adjusted), home values decreased 3.5%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $108,383 |
| Unemployment | 5.0% |
| Establishments | 109 |
| Employees | 818 |