Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 42.6 yrs |
|---|---|
| Avg HH Size | 2.30 |
| Below Poverty | 12.0% ▲ 20% above avg |
| College Grads | 36.5% ≈ Avg |
| Unemployment | 4.3% ▼ 13% below avg |
| No HS Diploma | 72 (0.7%) |
| HS Graduate | 3,709 (36.3%) |
| Some College | 1,158 (11.3%) |
| Associates | 1,553 (15.2%) |
| Bachelors | 1,414 (13.8%) |
| Graduate Degree | 2,315 (22.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $57,399 ▼ 25% below avg |
|---|---|
| Median Home Value | $227,800 ▼ 18% below avg |
| Home/Income Ratio | 4.0x (nat avg ~3.5x) |
| Median Rent | $751/mo |
| Total Housing Units | 6,761 |
| Vacant Units | 380 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Little Falls is a city in Minnesota, located in Morrison County. The city spans 1 ZIP code and is home to approximately 15,105 residents. It is a middle-aged city, with a median age of 42.6 years.
Economically, Little Falls is a solidly middle-class community. The median household income of $57,399 is below the national average. Approximately 12.0% of residents live below the poverty line. The unemployment rate is 4.3%, near the national average.
The real estate market in Little Falls is an affordable housing market. Median home values stand at $227,800, which is below the national average. Renters typically pay around $751 per month. Homeownership is high at 76.3%, typical of suburban and family-oriented communities.
The population of Little Falls is moderately educated. 36.5% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (94.01%).
Little Falls, MN offers residents a cost-conscious lifestyle within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 56345 | 15,105 | $57,399 | $227,800 | $751 | 4.3% | 36.5% | 76.3% |