Income & Economy in Cherokee city, IA (51012)
Median Income
$56,964
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+362
Wealth inflow
Population
6,313
Unemployment
3.2%
0.5pp below US avg
IRS migration statistics show a net inflow of about 362 for ZIP 51012 (Cherokee city, IA) 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 51012 (2020–Present)
Since 2020, population grew 2.8%, median income fell 8.5% (inflation-adjusted), home values decreased 14.5%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $56,964 |
| Unemployment | 3.2% |
| Establishments | 200 |
| Employees | 3,503 |