Income & Economy in North Branch city, MN (55056)
Median Income
$93,601
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,014
Wealth inflow
Population
14,279
Unemployment
4.6%
0.9pp above US avg
IRS migration statistics show a net inflow of about 1,014 for ZIP 55056 (North Branch 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 55056 (2020–Present)
Since 2020, population grew 1.4%, median income fell 6.8% (inflation-adjusted), home values increased 12.8%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $93,601 |
| Unemployment | 4.6% |
| Establishments | 366 |
| Employees | 3,714 |