Income & Economy in Madisonville city, KY (42431)
Median Income
$57,529
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,012
Wealth inflow
Population
27,095
Unemployment
6.7%
3.0pp above US avg
IRS migration statistics show a net inflow of about 1,012 for ZIP 42431 (Madisonville 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 42431 (2020–Present)
Since 2020, population grew 4.1%, median income rose 7.5% (inflation-adjusted), home values increased 3.2%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $57,529 |
| Unemployment | 6.7% |
| Establishments | 707 |
| Employees | 11,921 |