ZIP 60421 — Economy & Jobs

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow Area

Income, employment, industries, and economic trends

Income & Economy in Elwood village, IL (60421)

Median Income

$101,818

*Adjusted for inflation (2023 dollars)

IRS Net Migration

+211

Wealth inflow

Population

3,786

Unemployment

2.0%

1.7pp below US avg

IRS migration statistics show a net inflow of about 211 for ZIP 60421 (Elwood village, IL) 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.

Economic Indicators

Unemployment

2.0%-47% vs US avg

Self-Employed

3.0%-50% vs US avg

SNAP Benefits

6.7%-43% vs US avg

Establishments

4,078

Employees

~45 per establishment — mix of small and larger employers

Transportation

Top Industry

Economic Distributions

Census ACS 5-Year (P0): occupation, industry, household income brackets.

Occupation

Industry

Agriculture, forestry, mining0.4%
Construction8.9%
Manufacturing11.8%
Wholesale trade1.2%
Retail trade7.1%
Transportation, utilities16.5%
Information2.7%
Finance, insurance, real estate2.9%
Professional, scientific, management9.1%
Education, health care, social20.0%
Arts, entertainment, food services8.9%
Other services5.6%
Public administration4.9%

Household Income

Historical Trends in 60421 (2020–Present)

Since 2020, population declined 3.1%, median income fell 11.3% (inflation-adjusted), home values increased 10.8%.

Median Income

$101,818

+35% vs US avg

Unemployment Rate