Income & Economy in Royalton city, MN (56373)
Median Income
$91,544
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+231
Wealth inflow
Population
3,248
Unemployment
4.0%
0.3pp above US avg
IRS migration statistics show a net inflow of about 231 for ZIP 56373 (Royalton 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 56373 (2020–Present)
Since 2020, population grew 2.9%, median income rose 13.2% (inflation-adjusted), home values increased 10.6%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $91,544 |
| Unemployment | 4.0% |
| Establishments | 72 |
| Employees | 482 |