Income & Economy in Algoma city, WI (54201)
Median Income
$65,772
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+302
Wealth inflow
Population
5,178
Unemployment
2.0%
1.7pp below US avg
IRS migration statistics show a net inflow of about 302 for ZIP 54201 (Algoma city, WI) 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 54201 (2020–Present)
Since 2020, population grew 1.6%, median income fell 10.4% (inflation-adjusted), home values increased 6.4%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $65,772 |
| Unemployment | 2.0% |
| Establishments | 119 |
| Employees | 1,514 |