Income & Economy in Palmer village, IL (62556)
Median Income
$54,327
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+20
Wealth inflow
Population
365
Unemployment
0.6%
3.1pp below US avg
IRS migration statistics show a net inflow of about 20 for ZIP 62556 (Palmer 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 62556 (2020–Present)
Since 2020, population declined 1.4%, median income fell 28.7% (inflation-adjusted), home values increased 0.8%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $54,327 |
| Unemployment | 0.6% |