Income & Economy in New York Mills city, MN (56567)
Median Income
$69,919
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+230
Wealth inflow
Population
3,247
Unemployment
2.6%
1.1pp below US avg
IRS migration statistics show a net inflow of about 230 for ZIP 56567 (New York Mills 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 56567 (2020–Present)
Since 2020, population grew 5.9%, median income rose 0.9% (inflation-adjusted), home values increased 4.3%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $69,919 |
| Unemployment | 2.6% |
| Establishments | 94 |
| Employees | 1,271 |