Income & Economy in McHenry city, KY (42354)
Median Income
$62,000
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+9
Wealth inflow
Population
238
Unemployment
0.8%
2.9pp below US avg
IRS migration statistics show a net inflow of about 9 for ZIP 42354 (McHenry 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 42354 (2020–Present)
Since 2020, population grew 39.2%, median income fell 11.6% (inflation-adjusted), home values decreased 19.1%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $62,000 |
| Unemployment | 0.8% |
| Establishments | 4 |
| Employees | 18 |