Income & Economy in Watkins city, MN (55389)
Median Income
$92,109
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+178
Wealth inflow
Population
2,509
Unemployment
2.5%
1.2pp below US avg
IRS migration statistics show a net inflow of about 178 for ZIP 55389 (Watkins 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 55389 (2020–Present)
Since 2020, population declined 2.4%, median income rose 6.6% (inflation-adjusted), home values increased 14.5%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $92,109 |
| Unemployment | 2.5% |
| Establishments | 63 |
| Employees | 514 |