Income & Economy in Ham Lake city, MN (55304)
Median Income
$127,145
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+3,510
Wealth inflow
Population
49,452
Unemployment
2.5%
1.2pp below US avg
IRS migration statistics show a net inflow of about 3,510 for ZIP 55304 (Ham Lake 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 55304 (2020–Present)
Since 2020, population declined 1.4%, median income fell 1.1% (inflation-adjusted), home values increased 9.3%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $127,145 |
| Unemployment | 2.5% |
| Establishments | 1,135 |
| Employees | 9,590 |