Income & Economy in Ludlow city, KY (41016)
Median Income
$61,748
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+216
Wealth inflow
Population
5,794
Unemployment
4.6%
0.9pp above US avg
IRS migration statistics show a net inflow of about 216 for ZIP 41016 (Ludlow 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 41016 (2020–Present)
Since 2020, population declined 9.3%, median income fell 7.8% (inflation-adjusted), home values increased 13.2%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $61,748 |
| Unemployment | 4.6% |
| Establishments | 70 |
| Employees | 466 |