Income & Economy in Big Falls city, MN (56627)
Median Income
$35,809
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+15
Wealth inflow
Population
215
Unemployment
6.0%
2.3pp above US avg
IRS migration statistics show a net inflow of about 15 for ZIP 56627 (Big Falls 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 56627 (2020–Present)
Since 2020, population declined 11.2%, median income fell 0.3% (inflation-adjusted), home values increased 10.9%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $35,809 |
| Unemployment | 6.0% |
| Establishments | 8 |
| Employees | 42 |