Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 36.5 yrs |
|---|---|
| Avg HH Size | 2.30 |
| Below Poverty | 9.4% ≈ Avg |
| College Grads | 30.6% ▼ 21% below avg |
| Unemployment | 2.0% ▼ 59% below avg |
| No HS Diploma | 3 (1%) |
| HS Graduate | 115 (39.1%) |
| Some College | 39 (13.3%) |
| Associates | 47 (16%) |
| Bachelors | 53 (18%) |
| Graduate Degree | 37 (12.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $82,679 ▲ 8% above avg |
|---|---|
| Median Home Value | $150,000 ▼ 46% below avg |
| Home/Income Ratio | 1.8x (nat avg ~3.5x) |
| Median Rent | $628/mo |
| Total Housing Units | 236 |
| Vacant Units | 27 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Hanley Falls is a city in Minnesota, located in Yellow Medicine County. The city spans 1 ZIP code and is home to approximately 481 residents. It is a relatively young city, with a median age of 36.5 years.
Economically, Hanley Falls is a middle-income community. The median household income of $82,679 is near the national average. Approximately 9.4% of residents live below the poverty line. The unemployment rate is 2.0%, well below the national average.
The real estate market in Hanley Falls is one of the more affordable housing markets in the country. Median home values stand at $150,000, which is below the national average. Renters typically pay around $628 per month. Homeownership is high at 71.8%, typical of suburban and family-oriented communities.
The population of Hanley Falls is moderately educated. 30.6% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (81.29%).
Hanley Falls, MN offers residents above-average earning potential within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 56245 | 481 | $82,679 | $150,000 | $628 | 2.0% | 30.6% | 71.8% |