Income & Economy in Otwell CDP, IN (47564)
Median Income
$59,125
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+69
Wealth inflow
Population
1,500
Unemployment
4.2%
0.5pp above US avg
IRS migration statistics show a net inflow of about 69 for ZIP 47564 (Otwell CDP, 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 47564 (2020–Present)
Since 2020, population grew 28.3%, median income fell 12.4% (inflation-adjusted), home values decreased 16.3%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $59,125 |
| Unemployment | 4.2% |
| Establishments | 21 |
| Employees | 308 |