Income & Economy in Springfield city, IL (62712)
Median Income
$108,730
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+588
Wealth inflow
Population
10,555
Unemployment
1.8%
1.9pp below US avg
IRS migration statistics show a net inflow of about 588 for ZIP 62712 (Springfield 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 62712 (2020–Present)
Since 2020, population grew 3.3%, median income rose 3.9% (inflation-adjusted), home values decreased 3.4%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $108,730 |
| Unemployment | 1.8% |
| Establishments | 116 |
| Employees | 1,332 |