Income & Economy in Water Valley CDP, KY (42085)
Median Income
$55,662
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+34
Wealth inflow
Population
918
Unemployment
2.0%
1.7pp below US avg
IRS migration statistics show a net inflow of about 34 for ZIP 42085 (Water Valley CDP, 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 42085 (2020–Present)
Since 2020, population grew 18.0%, median income rose 46.8% (inflation-adjusted), home values increased 2.8%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $55,662 |
| Unemployment | 2.0% |
| Establishments | 9 |
| Employees | 35 |