Income & Economy in Patriot town, IN (47038)
Median Income
$47,941
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+37
Wealth inflow
Population
800
Unemployment
12.5%
8.8pp above US avg
IRS migration statistics show a net inflow of about 37 for ZIP 47038 (Patriot 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 47038 (2020–Present)
Since 2020, population declined 53.0%, median income fell 27.6% (inflation-adjusted), home values decreased 17.5%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $47,941 |
| Unemployment | 12.5% |
| Establishments | 11 |
| Employees | 87 |