Income & Economy in Medford city, MN (55049)
Median Income
$90,700
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+187
Wealth inflow
Population
2,634
Unemployment
4.2%
0.5pp above US avg
IRS migration statistics show a net inflow of about 187 for ZIP 55049 (Medford city, MN) 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 55049 (2020–Present)
Since 2020, population grew 1.0%, median income rose 8.3% (inflation-adjusted), home values increased 18.8%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $90,700 |
| Unemployment | 4.2% |
| Establishments | 67 |
| Employees | 550 |