Where Are People Moving in Nicollet, MN?

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

People moving in

765

People moving out

837

Net migration

-89

Nicollet, MN is a net loser of residents. In the latest IRS data (2023 tax year), 765 people moved in and 837 moved out, for a net loss of -89. 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 Nicollet, MN’s flows in each direction.

Top counties people moved to Nicollet, MN from

Origin countyReturnsPeople
Blue Earth, MNMinnesota473794
Le Sueur, MNMinnesota75117
Brown, MNMinnesota58103
Hennepin, MNMinnesota5492
Dakota, MNMinnesota2949
Ramsey, MNMinnesota2839
Sibley, MNMinnesota2649
Waseca, MNMinnesota2227

Top counties people left Nicollet, MN for

Destination countyReturnsPeople
Blue Earth, MNMinnesota405642
Hennepin, MNMinnesota105182
Cottonwood, MNMinnesota6269
Le Sueur, MNMinnesota59132
Brown, MNMinnesota5792
Dakota, MNMinnesota4163
Ramsey, MNMinnesota3749
Scott, MNMinnesota2732
Olmsted, MNMinnesota2336
Waseca, MNMinnesota2135

“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 Nicollet, MN or leaving?

Nicollet, MN had a net loss of -89 residents in the latest IRS data (2023 tax year), with 765 people moving in and 837 moving out. Net migration is inflow minus outflow.

Where are people moving to Nicollet, MN from?

The largest sources of new Nicollet, MN residents are Blue Earth, MN, Le Sueur, MN, Brown, MN. The full top-ten list of origin counties is in the table above.

Where do people leaving Nicollet, MN go?

People leaving Nicollet, MN most often move to Blue Earth, MN, Hennepin, MN, Cottonwood, MN. The full top-ten list of destination counties is in the table above.

What does Nicollet, 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 Nicollet, MN's price forecast, building permits, and affordability on the full county dashboard before drawing a conclusion.

How current is this Nicollet, 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.