Income & Economy in Mount Sterling city, KY (40353)
Median Income
$56,981
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+841
Wealth inflow
Population
22,534
Unemployment
3.8%
0.1pp above US avg
IRS migration statistics show a net inflow of about 841 for ZIP 40353 (Mount Sterling 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 40353 (2020–Present)
Since 2020, population grew 2.7%, median income fell 1.1% (inflation-adjusted), home values increased 10.8%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $56,981 |
| Unemployment | 3.8% |
| Establishments | 528 |
| Employees | 9,582 |