Income & Economy in Montrose city, MN (55363)
Median Income
$98,287
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+402
Wealth inflow
Population
5,664
Unemployment
3.3%
0.4pp below US avg
IRS migration statistics show a net inflow of about 402 for ZIP 55363 (Montrose 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 55363 (2020–Present)
Since 2020, population grew 8.1%, median income rose 13.5% (inflation-adjusted), home values increased 8.5%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $98,287 |
| Unemployment | 3.3% |
| Establishments | 79 |
| Employees | 860 |