Income & Economy in Peoria city, IL (61603)
Median Income
$40,405
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+859
Wealth inflow
Population
15,430
Unemployment
15.3%
11.6pp above US avg
IRS migration statistics show a net inflow of about 859 for ZIP 61603 (Peoria 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 61603 (2020–Present)
Since 2020, population declined 4.1%, median income rose 3.8% (inflation-adjusted), home values decreased 6.1%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $40,405 |
| Unemployment | 15.3% |
| Establishments | 272 |
| Employees | 4,426 |