Income & Economy in Franklin city, MN (55333)
Median Income
$62,250
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+49
Wealth inflow
Population
697
Unemployment
1.4%
2.3pp below US avg
IRS migration statistics show a net inflow of about 49 for ZIP 55333 (Franklin 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 55333 (2020–Present)
Since 2020, population declined 16.9%, median income fell 18.3% (inflation-adjusted), home values increased 4.7%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $62,250 |
| Unemployment | 1.4% |
| Establishments | 20 |
| Employees | 145 |