Income & Economy in Providence city, KY (42450)
Median Income
$53,533
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+134
Wealth inflow
Population
3,589
Unemployment
4.8%
1.1pp above US avg
IRS migration statistics show a net inflow of about 134 for ZIP 42450 (Providence 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 42450 (2020–Present)
Since 2020, population declined 5.0%, median income rose 8.2% (inflation-adjusted), home values increased 13.2%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $53,533 |
| Unemployment | 4.8% |
| Establishments | 59 |
| Employees | 536 |