Income & Economy in Milton city, KY (40045)
Median Income
$72,222
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+116
Wealth inflow
Population
3,118
Unemployment
3.3%
0.4pp below US avg
IRS migration statistics show a net inflow of about 116 for ZIP 40045 (Milton city, KY) 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 40045 (2020–Present)
Since 2020, population declined 17.5%, median income rose 37.0% (inflation-adjusted), home values decreased 1.7%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $72,222 |
| Unemployment | 3.3% |
| Establishments | 32 |
| Employees | 330 |