Income & Economy in West Union city, MN (56389)
Median Income
$56,875
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+6
Wealth inflow
Population
85
Unemployment
7.5%
3.8pp above US avg
IRS migration statistics show a net inflow of about 6 for ZIP 56389 (West Union 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 56389 (2020–Present)
Since 2020, population grew 4.9%, median income fell 1.8% (inflation-adjusted), home values decreased 19.6%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $56,875 |
| Unemployment | 7.5% |
| Establishments | 5 |
| Employees | 14 |