Income & Economy in Orono city, MN (55356)
Median Income
$171,333
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+420
Wealth inflow
Population
5,924
Unemployment
1.3%
2.4pp below US avg
IRS migration statistics show a net inflow of about 420 for ZIP 55356 (Orono 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 55356 (2020–Present)
Since 2020, population declined 1.7%, median income rose 4.9% (inflation-adjusted), home values decreased 11.1%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $171,333 |
| Unemployment | 1.3% |
| Establishments | 221 |
| Employees | 1,840 |