Income & Economy in Welsh town, LA (70591)
Median Income
$66,563
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+223
Wealth inflow
Population
5,635
Unemployment
4.2%
0.5pp above US avg
IRS migration statistics show a net inflow of about 223 for ZIP 70591 (Welsh town, LA) 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 70591 (2020–Present)
Since 2020, population grew 14.3%, median income rose 0.8% (inflation-adjusted), home values decreased 2.4%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $66,563 |
| Unemployment | 4.2% |
| Establishments | 78 |
| Employees | 730 |