Income & Economy in Corbin city, KY (40701)
Median Income
$47,288
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,111
Wealth inflow
Population
29,767
Unemployment
4.3%
0.6pp above US avg
IRS migration statistics show a net inflow of about 1,111 for ZIP 40701 (Corbin 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 40701 (2020–Present)
Since 2020, population grew 2.2%, median income fell 12.2% (inflation-adjusted), home values increased 4.6%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $47,288 |
| Unemployment | 4.3% |
| Establishments | 709 |
| Employees | 11,127 |