Income & Economy in Morgantown town, IN (46160)
Median Income
$72,003
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+295
Wealth inflow
Population
6,416
Unemployment
5.0%
1.3pp above US avg
IRS migration statistics show a net inflow of about 295 for ZIP 46160 (Morgantown town, IN) 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 46160 (2020–Present)
Since 2020, population declined 0.8%, median income rose 2.1% (inflation-adjusted), home values increased 6.0%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $72,003 |
| Unemployment | 5.0% |
| Establishments | 120 |
| Employees | 601 |