Income & Economy in Wadena city, MN (56482)
Median Income
$56,356
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+532
Wealth inflow
Population
7,494
Unemployment
6.5%
2.8pp above US avg
IRS migration statistics show a net inflow of about 532 for ZIP 56482 (Wadena 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 56482 (2020–Present)
Since 2020, population grew 5.9%, median income rose 4.1% (inflation-adjusted), home values increased 4.8%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $56,356 |
| Unemployment | 6.5% |
| Establishments | 221 |
| Employees | 2,889 |