Income & Economy in Minneapolis city, MN (55417)
Median Income
$122,639
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,823
Wealth inflow
Population
25,677
Unemployment
3.4%
0.3pp below US avg
IRS migration statistics show a net inflow of about 1,823 for ZIP 55417 (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 55417 (2020–Present)
Since 2020, population declined 1.4%, median income rose 6.2% (inflation-adjusted), home values increased 11.4%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $122,639 |
| Unemployment | 3.4% |
| Establishments | 353 |
| Employees | 6,210 |