Income & Economy in Midway city, KY (40347)
Median Income
$84,054
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+149
Wealth inflow
Population
4,004
Unemployment
8.1%
4.4pp above US avg
IRS migration statistics show a net inflow of about 149 for ZIP 40347 (Midway 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 40347 (2020–Present)
Since 2020, population grew 22.2%, median income fell 12.5% (inflation-adjusted), home values increased 6.3%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $84,054 |
| Unemployment | 8.1% |
| Establishments | 90 |
| Employees | 1,676 |