Income & Economy in Ellis Grove village, IL (62241)
Median Income
$81,429
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+50
Wealth inflow
Population
891
Unemployment
7.1%
3.4pp above US avg
IRS migration statistics show a net inflow of about 50 for ZIP 62241 (Ellis Grove 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 62241 (2020–Present)
Since 2020, population grew 4.2%, median income fell 0.1% (inflation-adjusted), home values increased 11.1%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $81,429 |
| Unemployment | 7.1% |
| Establishments | 5 |
| Employees | 9 |