Income & Economy in Barnesville city, MN (56514)
Median Income
$88,690
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+288
Wealth inflow
Population
4,055
Unemployment
1.4%
2.3pp below US avg
IRS migration statistics show a net inflow of about 288 for ZIP 56514 (Barnesville 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 56514 (2020–Present)
Since 2020, population grew 6.8%, median income rose 0.8% (inflation-adjusted), home values increased 9.2%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $88,690 |
| Unemployment | 1.4% |
| Establishments | 90 |
| Employees | 862 |