Income & Economy in Twin Lakes CDP, MN (56589)
Median Income
$67,431
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+138
Wealth inflow
Population
1,939
Unemployment
8.4%
4.7pp above US avg
IRS migration statistics show a net inflow of about 138 for ZIP 56589 (Twin Lakes 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 56589 (2020–Present)
Since 2020, population declined 13.2%, median income rose 8.5% (inflation-adjusted), home values increased 14.2%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $67,431 |
| Unemployment | 8.4% |
| Establishments | 29 |
| Employees | 89 |