Income & Economy in Delavan city, MN (56023)
Median Income
$77,361
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+37
Wealth inflow
Population
527
Unemployment
2.1%
1.6pp below US avg
IRS migration statistics show a net inflow of about 37 for ZIP 56023 (Delavan 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 56023 (2020–Present)
Since 2020, population declined 4.4%, median income rose 4.8% (inflation-adjusted), home values increased 13.7%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $77,361 |
| Unemployment | 2.1% |
| Establishments | 11 |
| Employees | 39 |