Income & Economy in Erhard city, MN (56534)
Median Income
$71,932
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+91
Wealth inflow
Population
1,287
Unemployment
1.6%
2.1pp below US avg
IRS migration statistics show a net inflow of about 91 for ZIP 56534 (Erhard 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 56534 (2020–Present)
Since 2020, population declined 3.9%, median income fell 22.2% (inflation-adjusted), home values increased 1.0%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $71,932 |
| Unemployment | 1.6% |
| Establishments | 16 |
| Employees | 44 |