Income & Economy in Garibaldi city, OR (97118)
Median Income
$52,372
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+39
Wealth inflow
Population
769
Unemployment
0.6%
3.1pp below US avg
IRS migration statistics show a net inflow of about 39 for ZIP 97118 (Garibaldi 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 97118 (2020–Present)
Since 2020, population grew 14.4%, median income fell 8.8% (inflation-adjusted), home values decreased 8.7%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $52,372 |
| Unemployment | 0.6% |
| Establishments | 45 |
| Employees | 353 |