Income & Economy in Elkhart city, IN (46517)
Median Income
$53,263
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,169
Wealth inflow
Population
25,438
Unemployment
1.6%
2.1pp below US avg
IRS migration statistics show a net inflow of about 1,169 for ZIP 46517 (Elkhart 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 46517 (2020–Present)
Since 2020, population declined 4.1%, median income fell 8.4% (inflation-adjusted), home values increased 7.4%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $53,263 |
| Unemployment | 1.6% |
| Establishments | 498 |
| Employees | 10,214 |