Where Are People Moving in Lyon, MN?

IRS county-to-county migration, 2023 tax year (released about two years after the tax year it covers).

People moving in

125

People moving out

269

Net migration

-203

Lyon, MN is a net loser of residents. In the latest IRS data (2023 tax year), 125 people moved in and 269 moved out, for a net loss of -203. Net outflows can soften local rent and price growth over time, though the cause matters as much as the number.

Migration is most useful read alongside the rest of the market. People move for jobs, affordability, climate, and lifestyle, and where they come from and go to says a lot about what a county is competing on. Below are the specific counties driving Lyon, MN’s flows in each direction.

Top counties people moved to Lyon, MN from

Origin countyReturnsPeople
Yellow Medicine, MNMinnesota4171
Redwood, MNMinnesota3257
Lincoln, MNMinnesota2844
Hennepin, MNMinnesota2451

Top counties people left Lyon, MN for

Destination countyReturnsPeople
Hennepin, MNMinnesota5277
Minnehaha, SDSouth Dakota4155
Redwood, MNMinnesota3971
Murray, MNMinnesota3151
Lincoln, SDSouth Dakota3151
Ramsey, MNMinnesota2844
Yellow Medicine, MNMinnesota2748
Lincoln, MNMinnesota2029

“Returns” counts tax returns (a household proxy) that moved along each flow; “People” counts the individuals on those returns, when reported. IRS aggregate and foreign pseudo-rows are excluded. Informational only, not financial advice.

Frequently asked questions

Are people moving to Lyon, MN or leaving?

Lyon, MN had a net loss of -203 residents in the latest IRS data (2023 tax year), with 125 people moving in and 269 moving out. Net migration is inflow minus outflow.

Where are people moving to Lyon, MN from?

The largest sources of new Lyon, MN residents are Yellow Medicine, MN, Redwood, MN, Lincoln, MN. The full top-ten list of origin counties is in the table above.

Where do people leaving Lyon, MN go?

People leaving Lyon, MN most often move to Hennepin, MN, Minnehaha, SD, Redwood, MN. The full top-ten list of destination counties is in the table above.

What does Lyon, MN migration mean for housing?

Migration is a leading demand signal. Sustained net inflows tend to support rents and home prices when supply cannot keep up, while net outflows can soften them. Read this alongside Lyon, MN's price forecast, building permits, and affordability on the full county dashboard before drawing a conclusion.

How current is this Lyon, MN migration data?

It comes from IRS Statistics of Income county-to-county migration data, which is released about two years after the tax year it covers; the figures above reflect the 2023 tax year. That lag is normal for this dataset, which counts actual tax returns rather than survey estimates.

Where Are People Moving in Lyon, MN? Migration In, Out & Net | Curb Report