Income & Economy in Minneapolis city, MN (55406)
Median Income
$91,865
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+2,546
Wealth inflow
Population
35,863
Unemployment
5.3%
1.6pp above US avg
IRS migration statistics show a net inflow of about 2,546 for ZIP 55406 (Minneapolis 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 55406 (2020–Present)
Since 2020, population grew 6.4%, median income rose 4.0% (inflation-adjusted), home values increased 13.3%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $91,865 |
| Unemployment | 5.3% |
| Establishments | 812 |
| Employees | 10,296 |