Income & Economy in Springfield city, MN (56087)
Median Income
$64,566
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+230
Wealth inflow
Population
3,240
Unemployment
3.1%
0.6pp below US avg
IRS migration statistics show a net inflow of about 230 for ZIP 56087 (Springfield 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 56087 (2020–Present)
Since 2020, population grew 5.4%, median income fell 1.4% (inflation-adjusted), home values increased 4.3%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $64,566 |
| Unemployment | 3.1% |
| Establishments | 109 |
| Employees | 1,057 |