Income & Economy in Magnolia CDP, KY (42757)
Median Income
$48,372
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+106
Wealth inflow
Population
2,846
Unemployment
6.2%
2.5pp above US avg
IRS migration statistics show a net inflow of about 106 for ZIP 42757 (Magnolia CDP, 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 42757 (2020–Present)
Since 2020, population declined 0.2%, median income fell 16.1% (inflation-adjusted), home values increased 8.7%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $48,372 |
| Unemployment | 6.2% |
| Establishments | 24 |
| Employees | 96 |