Income & Economy in Elk Creek CDP, KY (40071)
Median Income
$97,349
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+624
Wealth inflow
Population
16,702
Unemployment
4.5%
0.8pp above US avg
IRS migration statistics show a net inflow of about 624 for ZIP 40071 (Elk Creek CDP, 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 40071 (2020–Present)
Since 2020, population grew 2.4%, median income fell 3.5% (inflation-adjusted), home values increased 9.6%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $97,349 |
| Unemployment | 4.5% |
| Establishments | 234 |
| Employees | 1,270 |