Income & Economy in Phelps CDP, KY (41553)
Median Income
$44,250
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+87
Wealth inflow
Population
2,324
Unemployment
21.5%
17.8pp above US avg
IRS migration statistics show a net inflow of about 87 for ZIP 41553 (Phelps CDP, 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 41553 (2020–Present)
Since 2020, population grew 75.9%, median income rose 9.3% (inflation-adjusted), home values increased 13.7%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $44,250 |
| Unemployment | 21.5% |
| Establishments | 25 |
| Employees | 240 |