Income & Economy in Milroy city, MN (56263)
Median Income
$73,750
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+32
Wealth inflow
Population
452
Unemployment
6.0%
2.3pp above US avg
IRS migration statistics show a net inflow of about 32 for ZIP 56263 (Milroy 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 56263 (2020–Present)
Since 2020, population grew 3.4%, median income fell 1.7% (inflation-adjusted), home values increased 13.1%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $73,750 |
| Unemployment | 6.0% |
| Establishments | 9 |
| Employees | 34 |