Income & Economy in Minnesota Lake city, MN (56068)
Median Income
$68,988
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+69
Wealth inflow
Population
971
Unemployment
3.6%
0.1pp below US avg
IRS migration statistics show a net inflow of about 69 for ZIP 56068 (Minnesota 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 56068 (2020–Present)
Since 2020, population grew 8.9%, median income fell 10.1% (inflation-adjusted), home values increased 0.8%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $68,988 |
| Unemployment | 3.6% |
| Establishments | 17 |
| Employees | 114 |