Income & Economy in Wrenshall city, MN (55797)
Median Income
$88,203
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+97
Wealth inflow
Population
1,372
Unemployment
4.0%
0.3pp above US avg
IRS migration statistics show a net inflow of about 97 for ZIP 55797 (Wrenshall 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 55797 (2020–Present)
Since 2020, population declined 13.6%, median income rose 5.3% (inflation-adjusted), home values increased 2.1%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $88,203 |
| Unemployment | 4.0% |
| Establishments | 13 |
| Employees | 84 |