Income & Economy in Mount Vernon city, IN (47620)
Median Income
$74,869
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+576
Wealth inflow
Population
12,533
Unemployment
3.1%
0.6pp below US avg
IRS migration statistics show a net inflow of about 576 for ZIP 47620 (Mount Vernon 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 47620 (2020–Present)
Since 2020, population declined 0.4%, median income rose 2.5% (inflation-adjusted), home values increased 26.5%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $74,869 |
| Unemployment | 3.1% |
| Establishments | 301 |
| Employees | 8,113 |