Income & Economy in Manitowoc city, WI (54220)
Median Income
$65,188
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+2,376
Wealth inflow
Population
40,739
Unemployment
2.4%
1.3pp below US avg
IRS migration statistics show a net inflow of about 2,376 for ZIP 54220 (Manitowoc 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 54220 (2020–Present)
Since 2020, population grew 5.4%, median income rose 1.2% (inflation-adjusted), home values increased 11.5%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $65,188 |
| Unemployment | 2.4% |
| Establishments | 919 |
| Employees | 17,686 |