Income & Economy in Falls City city, OR (97344)
Median Income
$54,018
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+74
Wealth inflow
Population
1,464
Unemployment
10.9%
7.2pp above US avg
IRS migration statistics show a net inflow of about 74 for ZIP 97344 (Falls City 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 97344 (2020–Present)
Since 2020, population declined 16.0%, median income rose 5.8% (inflation-adjusted), home values increased 31.4%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $54,018 |
| Unemployment | 10.9% |
| Establishments | 12 |
| Employees | 31 |