Income & Economy in Rice Lake city, MN (55803)
Median Income
$104,250
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,263
Wealth inflow
Population
17,795
Unemployment
4.4%
0.7pp above US avg
IRS migration statistics show a net inflow of about 1,263 for ZIP 55803 (Rice Lake 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 55803 (2020–Present)
Since 2020, population declined 0.1%, median income rose 5.4% (inflation-adjusted), home values increased 5.0%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $104,250 |
| Unemployment | 4.4% |
| Establishments | 298 |
| Employees | 2,768 |