Income & Economy in Rockford city, IL (61102)
Median Income
$42,506
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+925
Wealth inflow
Population
16,620
Unemployment
10.7%
7.0pp above US avg
IRS migration statistics show a net inflow of about 925 for ZIP 61102 (Rockford 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 61102 (2020–Present)
Since 2020, population declined 5.1%, median income fell 0.3% (inflation-adjusted), home values increased 17.0%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $42,506 |
| Unemployment | 10.7% |
| Establishments | 197 |
| Employees | 4,087 |