Income & Economy in Eveleth city, MN (55734)
Median Income
$65,750
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+449
Wealth inflow
Population
6,332
Unemployment
1.5%
2.2pp below US avg
IRS migration statistics show a net inflow of about 449 for ZIP 55734 (Eveleth 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 55734 (2020–Present)
Since 2020, population grew 1.6%, median income fell 3.9% (inflation-adjusted), home values decreased 9.8%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $65,750 |
| Unemployment | 1.5% |
| Establishments | 109 |
| Employees | 1,600 |