Income & Economy in North Oaks city, MN (55127)
Median Income
$113,355
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,321
Wealth inflow
Population
18,607
Unemployment
5.0%
1.3pp above US avg
IRS migration statistics show a net inflow of about 1,321 for ZIP 55127 (North Oaks 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 55127 (2020–Present)
Since 2020, population declined 2.3%, median income fell 5.6% (inflation-adjusted), home values increased 17.6%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $113,355 |
| Unemployment | 5.0% |
| Establishments | 431 |
| Employees | 8,207 |