Income & Economy in Louisville/Jefferson County metro government (balance), KY (40229)
Median Income
$78,877
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,494
Wealth inflow
Population
40,015
Unemployment
4.0%
0.3pp above US avg
IRS migration statistics show a net inflow of about 1,494 for ZIP 40229 (Louisville/Jefferson County metro government (balance), 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 40229 (2020–Present)
Since 2020, population declined 1.7%, median income rose 5.2% (inflation-adjusted), home values increased 14.5%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $78,877 |
| Unemployment | 4.0% |
| Establishments | 400 |
| Employees | 8,463 |