Income & Economy in Cobden village, IL (62920)
Median Income
$61,875
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+160
Wealth inflow
Population
2,872
Unemployment
4.0%
0.3pp above US avg
IRS migration statistics show a net inflow of about 160 for ZIP 62920 (Cobden 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 62920 (2020–Present)
Since 2020, population declined 7.6%, median income fell 9.0% (inflation-adjusted), home values decreased 5.9%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $61,875 |
| Unemployment | 4.0% |
| Establishments | 41 |
| Employees | 314 |