Income & Economy in Westfield city, IN (46074)
Median Income
$123,580
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+2,116
Wealth inflow
Population
46,042
Unemployment
2.0%
1.7pp below US avg
IRS migration statistics show a net inflow of about 2,116 for ZIP 46074 (Westfield city, IN) 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 46074 (2020–Present)
Since 2020, population grew 24.2%, median income rose 4.7% (inflation-adjusted), home values increased 16.4%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $123,580 |
| Unemployment | 2.0% |
| Establishments | 919 |
| Employees | 13,549 |