Income & Economy in Patrick Springs CDP, VA (24171)
Median Income
$49,764
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+435
Wealth inflow
Population
7,713
Unemployment
2.5%
1.2pp below US avg
IRS migration statistics show a net inflow of about 435 for ZIP 24171 (Patrick Springs CDP, 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 24171 (2020–Present)
Since 2020, population declined 9.2%, median income fell 20.2% (inflation-adjusted), home values decreased 5.9%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $49,764 |
| Unemployment | 2.5% |
| Establishments | 170 |
| Employees | 1,875 |