Income & Economy in Granite Falls city, MN (56241)
Median Income
$66,354
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+272
Wealth inflow
Population
3,829
Unemployment
7.1%
3.4pp above US avg
IRS migration statistics show a net inflow of about 272 for ZIP 56241 (Granite 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 56241 (2020–Present)
Since 2020, population grew 2.0%, median income rose 1.7% (inflation-adjusted), home values decreased 7.6%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $66,354 |
| Unemployment | 7.1% |
| Establishments | 138 |
| Employees | 2,292 |