Income & Economy in Freeport city, MN (56331)
Median Income
$90,893
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+154
Wealth inflow
Population
2,176
Unemployment
1.3%
2.5pp below US avg
IRS migration statistics show a net inflow of about 154 for ZIP 56331 (Freeport 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 56331 (2020–Present)
Since 2020, population declined 11.6%, median income fell 6.0% (inflation-adjusted), home values increased 7.3%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $90,893 |
| Unemployment | 1.3% |
| Establishments | 74 |
| Employees | 538 |