Income & Economy in Garland city, TX (75042)
Median Income
$63,531
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,794
Wealth inflow
Population
38,040
Unemployment
5.7%
2.0pp above US avg
IRS migration statistics show a net inflow of about 1,794 for ZIP 75042 (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 75042 (2020–Present)
Since 2020, population grew 1.6%, median income rose 1.3% (inflation-adjusted), home values increased 23.7%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $63,531 |
| Unemployment | 5.7% |
| Establishments | 853 |
| Employees | 15,899 |