Income & Economy in Cumberland Gap town, TN (37724)
Median Income
$34,694
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+86
Wealth inflow
Population
2,417
Unemployment
1.6%
2.1pp below US avg
IRS migration statistics show a net inflow of about 86 for ZIP 37724 (Cumberland Gap town, TN) 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 37724 (2020–Present)
Since 2020, population grew 1.6%, median income fell 2.7% (inflation-adjusted), home values decreased 13.3%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $34,694 |
| Unemployment | 1.6% |
| Establishments | 22 |
| Employees | 118 |