Income & Economy in Norwood Young America city, MN (55368)
Median Income
$76,719
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+132
Wealth inflow
Population
1,856
Unemployment
1.4%
2.3pp below US avg
IRS migration statistics show a net inflow of about 132 for ZIP 55368 (Norwood Young America 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 55368 (2020–Present)
Since 2020, population declined 7.2%, median income fell 10.9% (inflation-adjusted), home values increased 14.2%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $76,719 |
| Unemployment | 1.4% |
| Establishments | 90 |
| Employees | 954 |