Income & Economy in Minneapolis city, MN (55409)
Median Income
$98,056
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+810
Wealth inflow
Population
11,405
Unemployment
3.9%
0.1pp above US avg
IRS migration statistics show a net inflow of about 810 for ZIP 55409 (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 55409 (2020–Present)
Since 2020, population declined 1.9%, median income rose 4.2% (inflation-adjusted), home values increased 5.3%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $98,056 |
| Unemployment | 3.9% |
| Establishments | 271 |
| Employees | 2,667 |