Income & Economy in Baker CDP, MN (56580)
Median Income
$101,477
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+94
Wealth inflow
Population
1,330
Unemployment
1.2%
2.5pp below US avg
IRS migration statistics show a net inflow of about 94 for ZIP 56580 (Baker CDP, 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 56580 (2020–Present)
Since 2020, population grew 8.9%, median income rose 7.8% (inflation-adjusted), home values increased 16.2%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $101,477 |
| Unemployment | 1.2% |
| Establishments | 26 |
| Employees | 142 |