Income & Economy in Tennessee village, IL (62374)
Median Income
$54,805
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+12
Wealth inflow
Population
223
Unemployment
6.8%
3.1pp above US avg
IRS migration statistics show a net inflow of about 12 for ZIP 62374 (Tennessee 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 62374 (2020–Present)
Since 2020, population declined 26.2%, median income rose 2.6% (inflation-adjusted), home values decreased 11.1%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $54,805 |
| Unemployment | 6.8% |
| Establishments | 3 |
| Employees | 5 |