Income & Economy in Chicago city, IL (60602)
Median Income
$123,047
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+63
Wealth inflow
Population
1,127
Unemployment
4.7%
1.0pp above US avg
IRS migration statistics show a net inflow of about 63 for ZIP 60602 (Chicago city, 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.
Historical Trends in 60602 (2020–Present)
Since 2020, population declined 29.4%, median income fell 53.8% (inflation-adjusted), home values increased Infinity%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $123,047 |
| Unemployment | 4.7% |
| Establishments | 1,586 |
| Employees | 33,916 |