Income & Economy in Newport city, MN (55055)
Median Income
$63,365
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+317
Wealth inflow
Population
4,460
Unemployment
5.6%
1.9pp above US avg
IRS migration statistics show a net inflow of about 317 for ZIP 55055 (Newport 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 55055 (2020–Present)
Since 2020, population grew 21.7%, median income fell 8.1% (inflation-adjusted), home values increased 23.5%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $63,365 |
| Unemployment | 5.6% |
| Establishments | 120 |
| Employees | 1,447 |