Income & Economy in Forest City village, IL (61532)
Median Income
$52,857
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+22
Wealth inflow
Population
404
Unemployment
8.5%
4.8pp above US avg
IRS migration statistics show a net inflow of about 22 for ZIP 61532 (Forest City 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 61532 (2020–Present)
Since 2020, population declined 37.6%, median income fell 17.5% (inflation-adjusted), home values decreased 1.4%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $52,857 |
| Unemployment | 8.5% |
| Establishments | 6 |
| Employees | 296 |