Income & Economy in Ravenna city, KY (40472)
Median Income
$35,125
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+52
Wealth inflow
Population
1,398
Unemployment
7.0%
3.3pp above US avg
IRS migration statistics show a net inflow of about 52 for ZIP 40472 (Ravenna 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 40472 (2020–Present)
Since 2020, population declined 24.1%, median income fell 10.3% (inflation-adjusted), home values increased 24.1%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $35,125 |
| Unemployment | 7.0% |
| Establishments | 17 |
| Employees | 76 |