Income & Economy in Shafer city, MN (55074)
Median Income
$104,545
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+160
Wealth inflow
Population
2,260
Unemployment
2.5%
1.2pp below US avg
IRS migration statistics show a net inflow of about 160 for ZIP 55074 (Shafer 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 55074 (2020–Present)
Since 2020, population grew 2.9%, median income fell 3.0% (inflation-adjusted), home values increased 11.1%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $104,545 |
| Unemployment | 2.5% |
| Establishments | 40 |
| Employees | 175 |