Income & Economy in Woodlawn village, IL (62898)
Median Income
$74,297
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+112
Wealth inflow
Population
2,018
Unemployment
8.6%
4.9pp above US avg
IRS migration statistics show a net inflow of about 112 for ZIP 62898 (Woodlawn 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 62898 (2020–Present)
Since 2020, population declined 2.6%, median income fell 10.4% (inflation-adjusted), home values decreased 9.2%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $74,297 |
| Unemployment | 8.6% |
| Establishments | 30 |
| Employees | 137 |