Income & Economy in Big Stone Gap town, VA (24219)
Median Income
$52,303
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+588
Wealth inflow
Population
10,416
Unemployment
4.5%
0.8pp above US avg
IRS migration statistics show a net inflow of about 588 for ZIP 24219 (Big Stone Gap town, 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 24219 (2020–Present)
Since 2020, population declined 11.2%, median income fell 14.3% (inflation-adjusted), home values increased 20.9%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $52,303 |
| Unemployment | 4.5% |
| Establishments | 171 |
| Employees | 2,159 |