Prior Lake city, MN

ZIP 55372 — Economy & Jobs

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow AreaRemote Work Hub

Income, employment, industries, and economic trends

Income & Economy in Prior Lake city, MN (55372)

Median Income

$140,835

*Adjusted for inflation (2023 dollars)

IRS Net Migration

+2,457

Wealth inflow

Population

34,617

Unemployment

1.3%

2.4pp below US avg

IRS migration statistics show a net inflow of about 2,457 for ZIP 55372 (Prior Lake 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.

Economic Indicators

Unemployment

1.3%-65% vs US avg

Self-Employed

2.7%-55% vs US avg

SNAP Benefits

2.3%-80% vs US avg

808

Establishments

9,447

Employees

~12 per establishment — small businesses dominate

Manufacturing

Top Industry

Economic Distributions

Census ACS 5-Year (P0): occupation, industry, household income brackets.

Occupation

Industry

Agriculture, forestry, mining0.4%
Construction7.2%
Manufacturing15.9%
Wholesale trade4.6%
Retail trade11.3%
Transportation, utilities4.5%
Information1.6%
Finance, insurance, real estate8.8%
Professional, scientific, management12.7%
Education, health care, social18.0%
Arts, entertainment, food services7.6%
Other services3.9%
Public administration3.5%

Household Income

Historical Trends in 55372 (2020–Present)

Since 2020, population grew 1.3%, median income rose 3.8% (inflation-adjusted), home values increased 8.0%.

Median Income

$140,835

+87% vs US avg

Unemployment Rate