Income & Economy in West Salem village, IL (62476)
Median Income
$61,354
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+71
Wealth inflow
Population
1,279
Unemployment
7.4%
3.7pp above US avg
IRS migration statistics show a net inflow of about 71 for ZIP 62476 (West Salem 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 62476 (2020–Present)
Since 2020, population declined 16.9%, median income fell 3.4% (inflation-adjusted), home values decreased 3.8%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $61,354 |
| Unemployment | 7.4% |
| Establishments | 31 |
| Employees | 100 |