City

Park Falls, WI

1 ZIP code  ·  Price County  ·  Wisconsin

👥4,290Population
💰$58,389Median HH Income▼ 23% below avg
🎂55.5Median Age
🏠$127,500Median Home Value▼ 54% below avg
🎓31.9%College Grads▼ 18% below avg
📊2.7%Unemployment▼ 44% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 50.3% Female 49.7% ♀

Race & Ethnicity

White: 93.2%Hispanic: 1.9%Black: 0.1%Asian: 0.9%Other: 3.1%Race
White93.2%
Hispanic1.9%
Black0.1%
Asian0.9%
Other3.1%

Age Breakdown

Under 5
4%
5–17
12%
18–24
6%
25–44
16%
45–64
32%
65+
13%

Key Indicators

Median Age55.5 yrs
Avg HH Size1.94
Below Poverty16.1% ▲ 61% above avg
College Grads31.9% ▼ 18% below avg
Unemployment2.7% ▼ 44% below avg
No HS Diploma5 (0.2%)
HS Graduate1,475 (46%)
Some College316 (9.9%)
Associates385 (12%)
Bachelors519 (16.2%)
Graduate Degree504 (15.7%)

Education

No HS: 0.2%HS Grad: 46%Some College: 9.9%Associates: 12%Bachelors: 16.2%Graduate: 15.7%Edu
No HS0.2%
HS Grad46.0%
Some College9.9%
Associates12.0%
Bachelors16.2%
Graduate15.7%
Housing & Income

Housing Tenure

Owner: 79.4%Renter: 20.6%Tenure
Owner79.4%
Renter20.6%

Home Value Distribution

Under $50k
12%
$50k–$100k
28%
$100k–$150k
16%
$150k–$200k
11%
$200k–$300k
18%
$300k–$500k
11%
Over $500k
4%

Financials

Median HH Income$58,389 ▼ 23% below avg
Median Home Value$127,500 ▼ 54% below avg
Home/Income Ratio2.2x (nat avg ~3.5x)
Median Rent$882/mo
Total Housing Units3,602
Vacant Units1,434

Income Distribution

Under $25k
17%
$25k–$50k
26%
$50k–$75k
20%
$75k–$100k
16%
$100k–$150k
12%
$150k–$200k
5%
Over $200k
3%
Employment & Commute

How People Get to Work

Drove Alone
88%
Walked
3%
Work From Home
9%

Commute Time

Under 15 min
50%
15–30 min
26%
30–45 min
8%
Over 45 min
17%
Housing Stock

Year Built

Before 1940
5%
1940s–1950s
13%
1960s–1970s
13%
1980s–1990s
11%
2000+
58%
About Park Falls, WI

Park Falls is a city in Wisconsin, located in Price County. The city spans 1 ZIP code and is home to approximately 4,290 residents. It is an older city, with a median age of 55.5 years.

Economically, Park Falls is a solidly middle-class community. The median household income of $58,389 is below the national average. Approximately 16.1% of residents live below the poverty line. The unemployment rate is 2.7%, below the national average.

The real estate market in Park Falls is one of the more affordable housing markets in the country. Median home values stand at $127,500, which is well below the national average. Renters typically pay around $882 per month. Homeownership is high at 79.4%, typical of suburban and family-oriented communities.

The population of Park Falls is moderately educated. 31.9% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (93.22%).

Park Falls, WI offers residents a cost-conscious lifestyle within Wisconsin.

ZIP Codes in Park Falls
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
54552 4,290 $58,389 $127,500 $882 2.7% 31.9% 79.4%