Income & Economy in Island city, KY (42350)
Median Income
$77,125
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+44
Wealth inflow
Population
1,175
Unemployment
9.2%
5.5pp above US avg
IRS migration statistics show a net inflow of about 44 for ZIP 42350 (Island 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 42350 (2020–Present)
Since 2020, population declined 27.7%, median income fell 10.2% (inflation-adjusted), home values decreased 7.5%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $77,125 |
| Unemployment | 9.2% |
| Establishments | 17 |
| Employees | 60 |