Income & Economy in Garfield city, MN (56332)
Median Income
$89,875
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+118
Wealth inflow
Population
1,658
Unemployment
5.4%
1.7pp above US avg
IRS migration statistics show a net inflow of about 118 for ZIP 56332 (Garfield 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 56332 (2020–Present)
Since 2020, population grew 4.3%, median income rose 9.3% (inflation-adjusted), home values decreased 11.2%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $89,875 |
| Unemployment | 5.4% |
| Establishments | 48 |
| Employees | 293 |