Income & Economy in Ceylon city, MN (56121)
Median Income
$45,417
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+41
Wealth inflow
Population
579
Unemployment
7.3%
3.6pp above US avg
IRS migration statistics show a net inflow of about 41 for ZIP 56121 (Ceylon 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 56121 (2020–Present)
Since 2020, population declined 2.7%, median income fell 6.2% (inflation-adjusted), home values decreased 22.4%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $45,417 |
| Unemployment | 7.3% |
| Establishments | 5 |
| Employees | 12 |