Income & Economy in Milltown town, IN (47145)
Median Income
$47,988
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+82
Wealth inflow
Population
1,782
Unemployment
2.4%
1.3pp below US avg
IRS migration statistics show a net inflow of about 82 for ZIP 47145 (Milltown 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 47145 (2020–Present)
Since 2020, population declined 17.3%, median income fell 7.2% (inflation-adjusted), home values decreased 17.4%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $47,988 |
| Unemployment | 2.4% |
| Establishments | 19 |
| Employees | 64 |