Income & Economy in New Prague city, MN (56071)
Median Income
$109,672
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+924
Wealth inflow
Population
13,015
Unemployment
2.9%
0.8pp below US avg
IRS migration statistics show a net inflow of about 924 for ZIP 56071 (New Prague 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 56071 (2020–Present)
Since 2020, population declined 0.6%, median income rose 1.4% (inflation-adjusted), home values increased 8.6%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $109,672 |
| Unemployment | 2.9% |
| Establishments | 385 |
| Employees | 3,764 |