Income & Economy in Lakefield city, MN (56150)
Median Income
$69,224
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+203
Wealth inflow
Population
2,863
Unemployment
1.6%
2.1pp below US avg
IRS migration statistics show a net inflow of about 203 for ZIP 56150 (Lakefield 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 56150 (2020–Present)
Since 2020, population grew 6.0%, median income rose 6.3% (inflation-adjusted), home values increased 2.5%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $69,224 |
| Unemployment | 1.6% |
| Establishments | 81 |
| Employees | 796 |