Income & Economy in Oakland City city, IN (47660)
Median Income
$53,791
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+222
Wealth inflow
Population
4,819
Unemployment
5.2%
1.5pp above US avg
IRS migration statistics show a net inflow of about 222 for ZIP 47660 (Oakland City 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 47660 (2020–Present)
Since 2020, population declined 5.8%, median income fell 0.9% (inflation-adjusted), home values increased 16.2%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $53,791 |
| Unemployment | 5.2% |
| Establishments | 75 |
| Employees | 913 |