Income & Economy in Milford city, IA (51351)
Median Income
$67,628
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+286
Wealth inflow
Population
4,990
Unemployment
2.0%
1.7pp below US avg
IRS migration statistics show a net inflow of about 286 for ZIP 51351 (Milford 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 51351 (2020–Present)
Since 2020, population grew 9.0%, median income fell 4.2% (inflation-adjusted), home values increased 12.2%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $67,628 |
| Unemployment | 2.0% |
| Establishments | 166 |
| Employees | 1,291 |