Income & Economy in Smithfield city, KY (40068)
Median Income
$75,179
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+99
Wealth inflow
Population
2,663
Unemployment
2.5%
1.2pp below US avg
IRS migration statistics show a net inflow of about 99 for ZIP 40068 (Smithfield city, KY) 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 40068 (2020–Present)
Since 2020, population grew 19.0%, median income fell 14.4% (inflation-adjusted), home values increased 31.8%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $75,179 |
| Unemployment | 2.5% |
| Establishments | 36 |
| Employees | 254 |