Income & Economy in Frankfort city, KY (40601)
Median Income
$67,125
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,928
Wealth inflow
Population
51,627
Unemployment
5.6%
1.9pp above US avg
IRS migration statistics show a net inflow of about 1,928 for ZIP 40601 (Frankfort 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 40601 (2020–Present)
Since 2020, population grew 0.6%, median income fell 4.0% (inflation-adjusted), home values increased 12.8%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $67,125 |
| Unemployment | 5.6% |
| Establishments | 1,263 |
| Employees | 16,663 |