Income & Economy in Morganfield city, KY (42437)
Median Income
$64,464
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+271
Wealth inflow
Population
7,250
Unemployment
3.3%
0.4pp below US avg
IRS migration statistics show a net inflow of about 271 for ZIP 42437 (Morganfield 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 42437 (2020–Present)
Since 2020, population declined 10.1%, median income rose 13.1% (inflation-adjusted), home values increased 0.5%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $64,464 |
| Unemployment | 3.3% |
| Establishments | 165 |
| Employees | 2,346 |