Income & Economy in Calumet city, MN (55716)
Median Income
$40,833
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+16
Wealth inflow
Population
219
Unemployment
14.3%
10.6pp above US avg
IRS migration statistics show a net inflow of about 16 for ZIP 55716 (Calumet 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 55716 (2020–Present)
Since 2020, population declined 29.8%, median income fell 35.3% (inflation-adjusted), home values increased 29.3%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $40,833 |
| Unemployment | 14.3% |
| Establishments | 3 |
| Employees | 15 |