Income & Economy in Canton city, IL (61520)
Median Income
$56,618
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+896
Wealth inflow
Population
16,098
Unemployment
6.5%
2.8pp above US avg
IRS migration statistics show a net inflow of about 896 for ZIP 61520 (Canton 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 61520 (2020–Present)
Since 2020, population declined 2.5%, median income fell 1.0% (inflation-adjusted), home values decreased 10.8%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $56,618 |
| Unemployment | 6.5% |
| Establishments | 318 |
| Employees | 4,445 |