Little Falls, Minnesota Median Income

Little Falls, Minnesota has a population of 9,250, with a median household income of $54,200.

Current median income data for Little Falls.

$54,200

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Population

9,250

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Median Income

$54,200

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Unemployment

4.20%

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Housing Price

$185,000

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Crime Rate

19.80

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Internet Speed

400.00 Mbps

Little Falls is a small local community located in Minnesota. The city has a population that is above the average city population in Minnesota, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Situated in Minnesota, Little Falls provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Little Falls has a population of 9,250, which is higher than the state average. This indicates a relatively larger urban presence within Minnesota.

Income and Economy

The median household income in Little Falls is $54,200, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Little Falls is about $185,000, making it relatively affordable compared to many cities in Minnesota.

Employment and Safety

The unemployment rate in Little Falls is 4.20%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Little Falls are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Minnesota, Little Falls shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of Minnesota, Little Falls contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Little Falls

What is the population of Little Falls?

The population of Little Falls is approximately 9,250.

Is Little Falls a good place to live?

Little Falls offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Little Falls?

The median household income in Little Falls is around $54,200.

How expensive is housing in Little Falls?

The average housing price in Little Falls is approximately $185,000.