Income & Economy in Borup city, MN (56519)
Median Income
$62,692
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+22
Wealth inflow
Population
309
Unemployment
3.4%
0.3pp below US avg
IRS migration statistics show a net inflow of about 22 for ZIP 56519 (Borup 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 56519 (2020–Present)
Since 2020, population grew 22.6%, median income rose 3.0% (inflation-adjusted), home values decreased 26.7%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $62,692 |
| Unemployment | 3.4% |
| Establishments | 6 |
| Employees | 7 |