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Kennett Square borough, PA
ZIP 19348 — Economy & Jobs
Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.
Upper Middle ClassLow Snow AreaRemote Work Hub
Income, employment, industries, and economic trends
Income & Economy in Kennett Square borough, PA (19348)
Median Income
$118,367
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,067
Wealth inflow
Population
23,435
Unemployment
3.4%
0.4pp below US avg
IRS migration statistics show a net inflow of about 1,067 for ZIP 19348 (Kennett Square borough, PA) 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 19348 (2020–Present)
Since 2020, population declined 0.9%, median income rose 3.9% (inflation-adjusted), home values increased 9.3%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $118,367 |
| Unemployment | 3.4% |
| Establishments | 772 |
| Employees | 12,734 |