Income & Economy in Hilo CDP, HI (96720)
Median Income
$78,537
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+2,472
Wealth inflow
Population
50,971
Unemployment
7.0%
3.3pp above US avg
IRS migration statistics show a net inflow of about 2,472 for ZIP 96720 (Hilo CDP, HI) 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 96720 (2020–Present)
Since 2020, population grew 4.8%, median income rose 1.8% (inflation-adjusted), home values increased 13.6%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $78,537 |
| Unemployment | 7.0% |
| Establishments | 1,348 |
| Employees | 18,911 |