Income & Economy in Garland city, TX (75040)
Median Income
$73,537
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+3,029
Wealth inflow
Population
64,205
Unemployment
4.3%
0.6pp above US avg
IRS migration statistics show a net inflow of about 3,029 for ZIP 75040 (Garland city, TX) 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 75040 (2020–Present)
Since 2020, population grew 4.4%, median income fell 3.8% (inflation-adjusted), home values increased 24.9%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $73,537 |
| Unemployment | 4.3% |
| Establishments | 999 |
| Employees | 14,086 |