Income & Economy in Cherry village, IL (61317)
Median Income
$47,250
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+27
Wealth inflow
Population
488
Unemployment
1.9%
1.8pp below US avg
IRS migration statistics show a net inflow of about 27 for ZIP 61317 (Cherry 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.
Historical Trends in 61317 (2020–Present)
Since 2020, population grew 1.9%, median income fell 19.1% (inflation-adjusted), home values increased 3.9%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $47,250 |
| Unemployment | 1.9% |
| Establishments | 7 |
| Employees | 29 |