Income & Economy in New Kent CDP, VA (23124)
Median Income
$130,203
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+277
Wealth inflow
Population
4,913
Unemployment
0.3%
3.4pp below US avg
IRS migration statistics show a net inflow of about 277 for ZIP 23124 (New Kent CDP, VA) 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 23124 (2020–Present)
Since 2020, population grew 6.2%, median income fell 2.1% (inflation-adjusted), home values increased 10.4%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $130,203 |
| Unemployment | 0.3% |
| Establishments | 87 |
| Employees | 1,005 |