Income & Economy in Elkmont town, AL (35620)
Median Income
$82,511
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+350
Wealth inflow
Population
10,990
Unemployment
2.2%
1.5pp below US avg
IRS migration statistics show a net inflow of about 350 for ZIP 35620 (Elkmont town, AL) 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 35620 (2020–Present)
Since 2020, population grew 3.0%, median income rose 2.1% (inflation-adjusted), home values increased 14.2%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $82,511 |
| Unemployment | 2.2% |
| Establishments | 87 |
| Employees | 822 |