Income & Economy in Backus city, MN (56435)
Median Income
$63,542
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+207
Wealth inflow
Population
2,912
Unemployment
4.2%
0.5pp above US avg
IRS migration statistics show a net inflow of about 207 for ZIP 56435 (Backus 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 56435 (2020–Present)
Since 2020, population grew 5.5%, median income rose 0.0% (inflation-adjusted), home values increased 15.1%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $63,542 |
| Unemployment | 4.2% |
| Establishments | 52 |
| Employees | 366 |