Income & Economy in Hill City city, MN (55748)
Median Income
$54,615
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+101
Wealth inflow
Population
1,429
Unemployment
11.4%
7.7pp above US avg
IRS migration statistics show a net inflow of about 101 for ZIP 55748 (Hill City 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 55748 (2020–Present)
Since 2020, population declined 2.3%, median income fell 1.5% (inflation-adjusted), home values increased 0.6%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $54,615 |
| Unemployment | 11.4% |
| Establishments | 28 |
| Employees | 150 |