Income & Economy in Minneapolis city, MN (55454)
Median Income
$26,429
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+612
Wealth inflow
Population
8,628
Unemployment
14.4%
10.7pp above US avg
IRS migration statistics show a net inflow of about 612 for ZIP 55454 (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 55454 (2020–Present)
Since 2020, population declined 11.9%, median income rose 10.3% (inflation-adjusted), home values increased 14.4%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $26,429 |
| Unemployment | 14.4% |
| Establishments | 172 |
| Employees | 10,282 |