Income & Economy in St. Matthews city, KY (40207)
Median Income
$98,583
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,069
Wealth inflow
Population
28,633
Unemployment
2.9%
0.9pp below US avg
IRS migration statistics show a net inflow of about 1,069 for ZIP 40207 (St. Matthews 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 40207 (2020–Present)
Since 2020, population declined 4.1%, median income rose 1.6% (inflation-adjusted), home values increased 3.9%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $98,583 |
| Unemployment | 2.9% |
| Establishments | 1,543 |
| Employees | 24,457 |