Income & Economy in Lake Lillian city, MN (56253)
Median Income
$73,984
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+52
Wealth inflow
Population
737
Unemployment
4.9%
1.2pp above US avg
IRS migration statistics show a net inflow of about 52 for ZIP 56253 (Lake Lillian 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 56253 (2020–Present)
Since 2020, population declined 24.8%, median income fell 0.6% (inflation-adjusted), home values decreased 9.8%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $73,984 |
| Unemployment | 4.9% |
| Establishments | 27 |
| Employees | 145 |