Income & Economy in Milford town, IN (46542)
Median Income
$75,192
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+235
Wealth inflow
Population
5,108
Unemployment
0.5%
3.2pp below US avg
IRS migration statistics show a net inflow of about 235 for ZIP 46542 (Milford town, 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 46542 (2020–Present)
Since 2020, population grew 18.7%, median income fell 8.8% (inflation-adjusted), home values increased 20.0%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $75,192 |
| Unemployment | 0.5% |
| Establishments | 99 |
| Employees | 1,801 |