Income & Economy in Glenwood city, MN (56334)
Median Income
$67,264
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+411
Wealth inflow
Population
5,791
Unemployment
0.5%
3.2pp below US avg
IRS migration statistics show a net inflow of about 411 for ZIP 56334 (Glenwood 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 56334 (2020–Present)
Since 2020, population grew 3.6%, median income fell 7.7% (inflation-adjusted), home values increased 2.1%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $67,264 |
| Unemployment | 0.5% |
| Establishments | 181 |
| Employees | 2,188 |