Income & Economy in Chicago city, IL (60649)
Median Income
$40,142
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+2,712
Wealth inflow
Population
48,720
Unemployment
14.2%
10.5pp above US avg
IRS migration statistics show a net inflow of about 2,712 for ZIP 60649 (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 60649 (2020–Present)
Since 2020, population grew 3.5%, median income fell 5.6% (inflation-adjusted), home values increased 2.3%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $40,142 |
| Unemployment | 14.2% |
| Establishments | 351 |
| Employees | 4,778 |