Income & Economy in Tower city, MN (55790)
Median Income
$74,732
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+137
Wealth inflow
Population
1,933
Unemployment
4.3%
0.6pp above US avg
IRS migration statistics show a net inflow of about 137 for ZIP 55790 (Tower 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 55790 (2020–Present)
Since 2020, population declined 7.3%, median income rose 1.1% (inflation-adjusted), home values decreased 6.3%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $74,732 |
| Unemployment | 4.3% |
| Establishments | 63 |
| Employees | 621 |