Income & Economy in Russell city, MN (56169)
Median Income
$81,979
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+52
Wealth inflow
Population
734
Unemployment
2.9%
0.8pp below US avg
IRS migration statistics show a net inflow of about 52 for ZIP 56169 (Russell 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 56169 (2020–Present)
Since 2020, population grew 5.3%, median income fell 10.9% (inflation-adjusted), home values decreased 7.5%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $81,979 |
| Unemployment | 2.9% |
| Establishments | 11 |
| Employees | 31 |