Income & Economy in Morgan city, MN (56266)
Median Income
$70,000
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+108
Wealth inflow
Population
1,516
Unemployment
1.6%
2.1pp below US avg
IRS migration statistics show a net inflow of about 108 for ZIP 56266 (Morgan 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 56266 (2020–Present)
Since 2020, population grew 8.8%, median income rose 6.9% (inflation-adjusted), home values increased 7.0%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $70,000 |
| Unemployment | 1.6% |
| Establishments | 40 |
| Employees | 237 |