Income & Economy in Hopkinsville city, KY (42240)
Median Income
$49,872
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,550
Wealth inflow
Population
41,510
Unemployment
7.8%
4.1pp above US avg
IRS migration statistics show a net inflow of about 1,550 for ZIP 42240 (Hopkinsville 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 42240 (2020–Present)
Since 2020, population grew 1.2%, median income fell 1.9% (inflation-adjusted), home values increased 2.8%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $49,872 |
| Unemployment | 7.8% |
| Establishments | 940 |
| Employees | 18,886 |