Income & Economy in Princeton city, MN (55371)
Median Income
$89,674
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,233
Wealth inflow
Population
17,376
Unemployment
2.6%
1.1pp below US avg
IRS migration statistics show a net inflow of about 1,233 for ZIP 55371 (Princeton 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 55371 (2020–Present)
Since 2020, population grew 3.1%, median income rose 6.2% (inflation-adjusted), home values increased 21.4%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $89,674 |
| Unemployment | 2.6% |
| Establishments | 501 |
| Employees | 5,678 |