Income & Economy in Cumberland CDP, VA (23040)
Median Income
$55,019
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+253
Wealth inflow
Population
4,491
Unemployment
4.9%
1.2pp above US avg
IRS migration statistics show a net inflow of about 253 for ZIP 23040 (Cumberland CDP, VA) 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 23040 (2020–Present)
Since 2020, population grew 3.2%, median income fell 16.2% (inflation-adjusted), home values increased 14.3%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $55,019 |
| Unemployment | 4.9% |
| Establishments | 68 |
| Employees | 395 |