Income & Economy in Inwood city, IA (51240)
Median Income
$80,948
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+106
Wealth inflow
Population
1,842
Unemployment
2.8%
0.9pp below US avg
IRS migration statistics show a net inflow of about 106 for ZIP 51240 (Inwood 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 51240 (2020–Present)
Since 2020, population declined 15.2%, median income fell 4.5% (inflation-adjusted), home values increased 4.7%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $80,948 |
| Unemployment | 2.8% |
| Establishments | 67 |
| Employees | 446 |