Income & Economy in Gamaliel city, KY (42140)
Median Income
$42,935
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+47
Wealth inflow
Population
1,261
Unemployment
5.2%
1.5pp above US avg
IRS migration statistics show a net inflow of about 47 for ZIP 42140 (Gamaliel 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 42140 (2020–Present)
Since 2020, population grew 23.9%, median income rose 19.5% (inflation-adjusted), home values decreased 7.5%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $42,935 |
| Unemployment | 5.2% |
| Establishments | 20 |
| Employees | 205 |