Income & Economy in Colo city, IA (50056)
Median Income
$79,667
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+64
Wealth inflow
Population
1,122
Unemployment
3.5%
0.2pp below US avg
IRS migration statistics show a net inflow of about 64 for ZIP 50056 (Colo city, IA) 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 50056 (2020–Present)
Since 2020, population declined 12.9%, median income fell 1.8% (inflation-adjusted), home values increased 18.1%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $79,667 |
| Unemployment | 3.5% |
| Establishments | 22 |
| Employees | 68 |