Income & Economy in Salem city, KY (42078)
Median Income
$48,155
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+64
Wealth inflow
Population
1,718
Unemployment
4.5%
0.8pp above US avg
IRS migration statistics show a net inflow of about 64 for ZIP 42078 (Salem 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 42078 (2020–Present)
Since 2020, population declined 0.7%, median income fell 1.7% (inflation-adjusted), home values decreased 11.0%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $48,155 |
| Unemployment | 4.5% |
| Establishments | 32 |
| Employees | 637 |