Income & Economy in South Boston town, VA (24592)
Median Income
$48,655
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+813
Wealth inflow
Population
14,411
Unemployment
4.3%
0.6pp above US avg
IRS migration statistics show a net inflow of about 813 for ZIP 24592 (South Boston 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 24592 (2020–Present)
Since 2020, population grew 5.4%, median income fell 12.0% (inflation-adjusted), home values decreased 0.4%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $48,655 |
| Unemployment | 4.3% |
| Establishments | 414 |
| Employees | 7,870 |