Income & Economy in Independence city, MN (55359)
Median Income
$129,508
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+502
Wealth inflow
Population
7,068
Unemployment
0.6%
3.1pp below US avg
IRS migration statistics show a net inflow of about 502 for ZIP 55359 (Independence 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 55359 (2020–Present)
Since 2020, population grew 7.1%, median income rose 3.7% (inflation-adjusted), home values increased 18.7%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $129,508 |
| Unemployment | 0.6% |
| Establishments | 247 |
| Employees | 2,152 |