Income & Economy in North Mankato city, MN (56003)
Median Income
$80,587
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,087
Wealth inflow
Population
15,319
Unemployment
1.7%
2.0pp below US avg
IRS migration statistics show a net inflow of about 1,087 for ZIP 56003 (North Mankato 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 56003 (2020–Present)
Since 2020, population grew 1.3%, median income fell 7.8% (inflation-adjusted), home values increased 2.0%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $80,587 |
| Unemployment | 1.7% |
| Establishments | 312 |
| Employees | 7,029 |