Income & Economy in Monticello city, MN (55362)
Median Income
$92,870
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,428
Wealth inflow
Population
20,125
Unemployment
2.0%
1.7pp below US avg
IRS migration statistics show a net inflow of about 1,428 for ZIP 55362 (Monticello 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 55362 (2020–Present)
Since 2020, population grew 4.5%, median income rose 2.8% (inflation-adjusted), home values increased 16.0%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $92,870 |
| Unemployment | 2.0% |
| Establishments | 547 |
| Employees | 8,726 |