Income & Economy in Cumberland city, KY (40823)
Median Income
$35,704
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+146
Wealth inflow
Population
3,907
Unemployment
17.5%
13.8pp above US avg
IRS migration statistics show a net inflow of about 146 for ZIP 40823 (Cumberland 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 40823 (2020–Present)
Since 2020, population grew 5.1%, median income fell 1.8% (inflation-adjusted), home values increased 8.0%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $35,704 |
| Unemployment | 17.5% |
| Establishments | 47 |
| Employees | 900 |