Income & Economy in Florence city, KY (41042)
Median Income
$75,582
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+2,086
Wealth inflow
Population
55,880
Unemployment
3.6%
0.1pp below US avg
IRS migration statistics show a net inflow of about 2,086 for ZIP 41042 (Florence 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 41042 (2020–Present)
Since 2020, population grew 2.1%, median income fell 2.3% (inflation-adjusted), home values increased 11.8%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $75,582 |
| Unemployment | 3.6% |
| Establishments | 1,621 |
| Employees | 39,475 |