Where Are People Moving in Steele, MN?

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

People moving in

534

People moving out

555

Net migration

+51

Steele, MN is a net gainer of residents. In the latest IRS data (2023 tax year), 534 people moved in and 555 moved out, for a net gain of +51. Sustained inflows like this are one of the strongest long-run signals of housing demand.

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 Steele, MN’s flows in each direction.

Top counties people moved to Steele, MN from

Origin countyReturnsPeople
Rice, MNMinnesota144259
Waseca, MNMinnesota72137
Dakota, MNMinnesota6299
Hennepin, MNMinnesota4566
Olmsted, MNMinnesota4579
Freeborn, MNMinnesota4490
Dodge, MNMinnesota4062
Mower, MNMinnesota3453
Blue Earth, MNMinnesota2735
Ramsey, MNMinnesota2136

Top counties people left Steele, MN for

Destination countyReturnsPeople
Rice, MNMinnesota114184
Hennepin, MNMinnesota75104
Dakota, MNMinnesota6599
Waseca, MNMinnesota5587
Olmsted, MNMinnesota5179
Freeborn, MNMinnesota4681
Blue Earth, MNMinnesota4071
Dodge, MNMinnesota3464
Ramsey, MNMinnesota3141
Mower, MNMinnesota2436

“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 Steele, MN or leaving?

Steele, MN had a net gain of +51 residents in the latest IRS data (2023 tax year), with 534 people moving in and 555 moving out. Net migration is inflow minus outflow.

Where are people moving to Steele, MN from?

The largest sources of new Steele, MN residents are Rice, MN, Waseca, MN, Dakota, MN. The full top-ten list of origin counties is in the table above.

Where do people leaving Steele, MN go?

People leaving Steele, MN most often move to Rice, MN, Hennepin, MN, Dakota, MN. The full top-ten list of destination counties is in the table above.

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

How current is this Steele, 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.