Income & Economy in Garrett city, IN (46738)
Median Income
$62,212
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+389
Wealth inflow
Population
8,462
Unemployment
4.0%
0.3pp above US avg
IRS migration statistics show a net inflow of about 389 for ZIP 46738 (Garrett 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 46738 (2020–Present)
Since 2020, population grew 1.2%, median income rose 6.1% (inflation-adjusted), home values increased 18.5%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $62,212 |
| Unemployment | 4.0% |
| Establishments | 144 |
| Employees | 2,162 |