Income & Economy in Elizabeth city, MN (56533)
Median Income
$66,771
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+24
Wealth inflow
Population
333
Unemployment
3.2%
0.5pp below US avg
IRS migration statistics show a net inflow of about 24 for ZIP 56533 (Elizabeth 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 56533 (2020–Present)
Since 2020, population grew 15.6%, median income fell 12.1% (inflation-adjusted), home values decreased 16.4%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $66,771 |
| Unemployment | 3.2% |
| Establishments | 10 |
| Employees | 26 |