Income & Economy in Freeborn city, MN (56032)
Median Income
$55,750
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+26
Wealth inflow
Population
372
Unemployment
9.9%
6.2pp above US avg
IRS migration statistics show a net inflow of about 26 for ZIP 56032 (Freeborn 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 56032 (2020–Present)
Since 2020, population grew 12.4%, median income rose 6.7% (inflation-adjusted), home values increased 19.5%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $55,750 |
| Unemployment | 9.9% |
| Establishments | 6 |
| Employees | 52 |