Income & Economy in Storm Lake city, IA (50588)
Median Income
$65,475
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+766
Wealth inflow
Population
13,346
Unemployment
3.3%
0.4pp below US avg
IRS migration statistics show a net inflow of about 766 for ZIP 50588 (Storm Lake 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 50588 (2020–Present)
Since 2020, population grew 5.1%, median income rose 11.2% (inflation-adjusted), home values decreased 0.9%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $65,475 |
| Unemployment | 3.3% |
| Establishments | 339 |
| Employees | 7,940 |