Income & Economy in Colwell city, IA (50620)
Median Income
$46,458
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+3
Wealth inflow
Population
54
Unemployment
0.0%
3.7pp below US avg
IRS migration statistics show a net inflow of about 3 for ZIP 50620 (Colwell city, IA) 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 50620 (2020–Present)
Since 2020, population grew 17.4%, median income fell 4.8% (inflation-adjusted), home values decreased 3.9%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $46,458 |
| Unemployment | 0.0% |