Income & Economy in Newfane village, VT (05345)
Median Income
$66,397
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+90
Wealth inflow
Population
1,747
Unemployment
4.7%
1.0pp above US avg
IRS migration statistics show a net inflow of about 90 for ZIP 05345 (Newfane village, VT) 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 05345 (2020–Present)
Since 2020, population declined 13.4%, median income rose 0.7% (inflation-adjusted), home values decreased 6.7%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $66,397 |
| Unemployment | 4.7% |
| Establishments | 48 |
| Employees | 238 |