Income & Economy in Milan city, TN (38358)
Median Income
$65,537
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+444
Wealth inflow
Population
12,511
Unemployment
6.2%
2.5pp above US avg
IRS migration statistics show a net inflow of about 444 for ZIP 38358 (Milan city, TN) 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 38358 (2020–Present)
Since 2020, population grew 7.7%, median income rose 13.8% (inflation-adjusted), home values increased 23.3%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $65,537 |
| Unemployment | 6.2% |
| Establishments | 305 |
| Employees | 5,381 |