Income & Economy in Newton city, IL (62448)
Median Income
$66,432
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+293
Wealth inflow
Population
5,263
Unemployment
3.7%
0.0pp below US avg
IRS migration statistics show a net inflow of about 293 for ZIP 62448 (Newton 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 62448 (2020–Present)
Since 2020, population declined 2.8%, median income rose 7.0% (inflation-adjusted), home values increased 4.5%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $66,432 |
| Unemployment | 3.7% |
| Establishments | 176 |
| Employees | 1,262 |