Income & Economy in Magnolia city, IA (51550)
Median Income
$77,679
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+8
Wealth inflow
Population
142
Unemployment
1.3%
2.4pp below US avg
IRS migration statistics show a net inflow of about 8 for ZIP 51550 (Magnolia 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 51550 (2020–Present)
Since 2020, population grew 2.9%, median income rose 60.0% (inflation-adjusted), home values increased 41.6%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $77,679 |
| Unemployment | 1.3% |