ZIP 62349 — Economy & Jobs

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow AreaRemote Work Hub

Income, employment, industries, and economic trends

Income & Economy in Loraine village, IL (62349)

Median Income

$67,431

*Adjusted for inflation (2023 dollars)

IRS Net Migration

+38

Wealth inflow

Population

678

Unemployment

8.8%

5.1pp above US avg

IRS migration statistics show a net inflow of about 38 for ZIP 62349 (Loraine 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.

Economic Indicators

Unemployment

8.8%+137% vs US avg

Self-Employed

0.9%-85% vs US avg

SNAP Benefits

7.4%-37% vs US avg

Establishments

Employees

~2 per establishment — small businesses dominate

Manufacturing

Top Industry

Economic Distributions

Census ACS 5-Year (P0): occupation, industry, household income brackets.

Occupation

Industry

Agriculture, forestry, mining4.7%
Construction8.7%
Manufacturing13.0%
Wholesale trade7.5%
Retail trade7.5%
Transportation, utilities9.6%
Finance, insurance, real estate5.6%
Professional, scientific, management11.2%
Education, health care, social16.5%
Arts, entertainment, food services4.3%
Other services9.9%
Public administration1.6%

Household Income

Historical Trends in 62349 (2020–Present)

Since 2020, population declined 13.2%, median income rose 8.3% (inflation-adjusted), home values decreased 14.6%.

Median Income

$67,431

-10% vs US avg

Unemployment Rate