Income & Economy in Cannon Falls city, MN (55009)
Median Income
$89,023
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+586
Wealth inflow
Population
8,258
Unemployment
1.7%
2.0pp below US avg
IRS migration statistics show a net inflow of about 586 for ZIP 55009 (Cannon Falls 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 55009 (2020–Present)
Since 2020, population grew 3.0%, median income rose 2.3% (inflation-adjusted), home values decreased 0.1%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $89,023 |
| Unemployment | 1.7% |
| Establishments | 242 |
| Employees | 2,621 |