Income & Economy in Litchfield city, MN (55355)
Median Income
$70,878
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+683
Wealth inflow
Population
9,629
Unemployment
2.3%
1.4pp below US avg
IRS migration statistics show a net inflow of about 683 for ZIP 55355 (Litchfield 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 55355 (2020–Present)
Since 2020, population grew 0.5%, median income rose 1.3% (inflation-adjusted), home values increased 6.8%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $70,878 |
| Unemployment | 2.3% |
| Establishments | 290 |
| Employees | 4,364 |