Income & Economy in Oakland city, IL (61943)
Median Income
$57,500
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+83
Wealth inflow
Population
1,495
Unemployment
6.8%
3.1pp above US avg
IRS migration statistics show a net inflow of about 83 for ZIP 61943 (Oakland 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 61943 (2020–Present)
Since 2020, population declined 12.6%, median income rose 4.8% (inflation-adjusted), home values increased 5.4%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $57,500 |
| Unemployment | 6.8% |
| Establishments | 32 |
| Employees | 119 |