Income & Economy in Minneapolis city, MN (55412)
Median Income
$71,905
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,858
Wealth inflow
Population
26,182
Unemployment
8.0%
4.3pp above US avg
IRS migration statistics show a net inflow of about 1,858 for ZIP 55412 (Minneapolis 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 55412 (2020–Present)
Since 2020, population grew 7.3%, median income rose 21.0% (inflation-adjusted), home values increased 9.5%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $71,905 |
| Unemployment | 8.0% |
| Establishments | 214 |
| Employees | 2,296 |