Income & Economy in Nelson city, MN (56355)
Median Income
$97,500
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+46
Wealth inflow
Population
643
Unemployment
0.0%
3.7pp below US avg
IRS migration statistics show a net inflow of about 46 for ZIP 56355 (Nelson 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 56355 (2020–Present)
Since 2020, population grew 16.7%, median income rose 30.2% (inflation-adjusted), home values increased 26.4%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $97,500 |
| Unemployment | 0.0% |
| Establishments | 16 |
| Employees | 95 |