Income & Economy in Tower Hill village, IL (62571)
Median Income
$83,462
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+74
Wealth inflow
Population
1,325
Unemployment
7.4%
3.7pp above US avg
IRS migration statistics show a net inflow of about 74 for ZIP 62571 (Tower Hill 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 62571 (2020–Present)
Since 2020, population declined 19.7%, median income rose 11.9% (inflation-adjusted), home values increased 31.3%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $83,462 |
| Unemployment | 7.4% |
| Establishments | 10 |
| Employees | 60 |