Income & Economy in Paul Smiths CDP, NY (12970)
Median Income
$81,250
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+44
Wealth inflow
Population
1,022
Unemployment
15.6%
11.9pp above US avg
IRS migration statistics show a net inflow of about 44 for ZIP 12970 (Paul Smiths CDP, NY) 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 12970 (2020–Present)
Since 2020, population grew 21.8%, median income fell 12.4% (inflation-adjusted), home values increased 25.5%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $81,250 |
| Unemployment | 15.6% |
| Establishments | 12 |
| Employees | 423 |