Income & Economy in Baltimore city, MD (21223)
Median Income
$41,828
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,163
Wealth inflow
Population
19,793
Unemployment
10.6%
6.9pp above US avg
IRS migration statistics show a net inflow of about 1,163 for ZIP 21223 (Baltimore city, MD) 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 21223 (2020–Present)
Since 2020, population declined 9.9%, median income rose 20.1% (inflation-adjusted), home values increased 13.9%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $41,828 |
| Unemployment | 10.6% |
| Establishments | 373 |
| Employees | 4,507 |