Income & Economy in Smithfield village, IL (61477)
Median Income
$60,227
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+28
Wealth inflow
Population
503
Unemployment
31.4%
27.7pp above US avg
IRS migration statistics show a net inflow of about 28 for ZIP 61477 (Smithfield 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 61477 (2020–Present)
Since 2020, population declined 6.7%, median income rose 9.1% (inflation-adjusted), home values increased 29.9%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $60,227 |
| Unemployment | 31.4% |
| Establishments | 4 |
| Employees | 12 |