Income & Economy in Twin Valley city, MN (56584)
Median Income
$70,398
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+97
Wealth inflow
Population
1,360
Unemployment
5.0%
1.3pp above US avg
IRS migration statistics show a net inflow of about 97 for ZIP 56584 (Twin Valley 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 56584 (2020–Present)
Since 2020, population declined 1.4%, median income fell 0.7% (inflation-adjusted), home values increased 7.2%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $70,398 |
| Unemployment | 5.0% |
| Establishments | 33 |
| Employees | 195 |