Income & Economy in Mountain Iron city, MN (55768)
Median Income
$82,261
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+198
Wealth inflow
Population
2,791
Unemployment
4.3%
0.6pp above US avg
IRS migration statistics show a net inflow of about 198 for ZIP 55768 (Mountain Iron 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 55768 (2020–Present)
Since 2020, population grew 1.7%, median income rose 25.6% (inflation-adjusted), home values decreased 2.6%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $82,261 |
| Unemployment | 4.3% |
| Establishments | 52 |
| Employees | 2,452 |