Income & Economy in Mortons Gap city, KY (42440)
Median Income
$38,750
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+28
Wealth inflow
Population
746
Unemployment
0.0%
3.7pp below US avg
IRS migration statistics show a net inflow of about 28 for ZIP 42440 (Mortons Gap 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 42440 (2020–Present)
Since 2020, population declined 22.9%, median income fell 18.9% (inflation-adjusted), home values increased 34.3%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $38,750 |
| Unemployment | 0.0% |
| Establishments | 10 |
| Employees | 133 |