Income & Economy in Waconia city, MN (55387)
Median Income
$109,279
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,043
Wealth inflow
Population
14,697
Unemployment
3.8%
0.1pp above US avg
IRS migration statistics show a net inflow of about 1,043 for ZIP 55387 (Waconia 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 55387 (2020–Present)
Since 2020, population grew 8.9%, median income fell 8.2% (inflation-adjusted), home values increased 8.0%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $109,279 |
| Unemployment | 3.8% |
| Establishments | 452 |
| Employees | 7,538 |