Income & Economy in Hanover city, MN (55341)
Median Income
$147,903
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+245
Wealth inflow
Population
3,454
Unemployment
1.3%
2.5pp below US avg
IRS migration statistics show a net inflow of about 245 for ZIP 55341 (Hanover 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 55341 (2020–Present)
Since 2020, population grew 4.7%, median income rose 11.8% (inflation-adjusted), home values increased 16.0%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $147,903 |
| Unemployment | 1.3% |
| Establishments | 83 |
| Employees | 646 |