Income & Economy in Hibbing city, MN (55746)
Median Income
$55,694
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,194
Wealth inflow
Population
16,815
Unemployment
5.2%
1.5pp above US avg
IRS migration statistics show a net inflow of about 1,194 for ZIP 55746 (Hibbing 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 55746 (2020–Present)
Since 2020, population grew 0.5%, median income fell 0.3% (inflation-adjusted), home values decreased 6.2%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $55,694 |
| Unemployment | 5.2% |
| Establishments | 440 |
| Employees | 7,576 |