Income & Economy in Waterloo city, IL (62298)
Median Income
$94,073
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+997
Wealth inflow
Population
17,907
Unemployment
2.4%
1.3pp below US avg
IRS migration statistics show a net inflow of about 997 for ZIP 62298 (Waterloo 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 62298 (2020–Present)
Since 2020, population grew 4.7%, median income rose 1.1% (inflation-adjusted), home values increased 0.7%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $94,073 |
| Unemployment | 2.4% |
| Establishments | 410 |
| Employees | 3,660 |