Income & Economy in Tangier town, VA (23440)
Median Income
$33,405
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+14
Wealth inflow
Population
240
Unemployment
7.9%
4.2pp above US avg
IRS migration statistics show a net inflow of about 14 for ZIP 23440 (Tangier town, VA) 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 23440 (2020–Present)
Since 2020, population declined 52.6%, median income fell 10.2% (inflation-adjusted), home values decreased 2.2%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $33,405 |
| Unemployment | 7.9% |
| Establishments | 5 |
| Employees | 5 |