Income & Economy in Beaver Creek city, MN (56116)
Median Income
$85,000
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+41
Wealth inflow
Population
575
Unemployment
0.7%
3.0pp below US avg
IRS migration statistics show a net inflow of about 41 for ZIP 56116 (Beaver Creek 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 56116 (2020–Present)
Since 2020, population declined 25.4%, median income rose 1.0% (inflation-adjusted), home values decreased 5.3%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $85,000 |
| Unemployment | 0.7% |
| Establishments | 15 |
| Employees | 83 |