Income & Economy in Chicago city, IL (60638)
Median Income
$89,191
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+3,242
Wealth inflow
Population
58,250
Unemployment
5.7%
2.0pp above US avg
IRS migration statistics show a net inflow of about 3,242 for ZIP 60638 (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 60638 (2020–Present)
Since 2020, population grew 2.1%, median income rose 11.3% (inflation-adjusted), home values increased 4.8%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $89,191 |
| Unemployment | 5.7% |
| Establishments | 1,256 |
| Employees | 37,741 |