What is the population of Cannon Falls city?

Cannon Falls city has 4,216 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #170 of 914 in Minnesota.

What is the median household income in Cannon Falls city?

Median household income in Cannon Falls city is $80,515 a year, 2.5% above the national figure of $78,538.

How much does it cost to rent or buy in Cannon Falls city?

Median gross rent is $983 a month and the median home value is $262,100, so rent absorbs about 14.7% of median household income.

Is Cannon Falls city affordable compared with the rest of the US?

Homes cost about 3.3× the local median income here versus roughly 3.9× nationally, so Cannon Falls city is more affordable to buy in than the typical US market, and rent takes 14.7% of median income against the 30% cost-burden line.

Aerial view of a dense city center, illustrating the US cities ZIP code directory

Minnesota · Census place 09730

Cannon Falls, MN population, income and ZIP codes

Quick answer

The population of the city of Cannon Falls, Minnesota (Cannon Falls, MN — Census place “Cannon Falls city”) is 4,216 residents, ranking #170 of 914 places in Minnesota. Median household income is $80,515, the median home is worth $262,100 and median gross rent runs $983 a month. Looking for the Cannon Falls Minnesota ZIP code list? 1 ZIP codes serve Cannon Falls, MN: 55009.

Population: 4,216Cannon Falls city residents
Median household income: $80,515Past 12 months, inflation adjusted
Median home value: $262,100Owner-occupied units
Median gross rent: $983Rent plus utilities, monthly
Median age: 45.3 yrsAll residents
Homeownership rate: 74.8%Owner-occupied households

Cannon Falls ZIP codes (Minnesota)

Census ZCTAs whose delivery area overlaps Cannon Falls.

The Cannon Falls MN ZIP code list below covers 1 ZIP code. Open any one for its population, income, housing and rent profile.

55009

What the numbers mean in Cannon Falls city

Housing cost measured against local earnings.

A household earning the Cannon Falls city median would spend about 14.7% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 5.8% of residents and 74.8% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

Cannon Falls city, MN in context

How this area compares with national benchmarks.

Cannon Falls city is a small town in Minnesota, with 4,216 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #170 of 914 ranked by population — larger than 81% of them. The median age here is 45.3 years against 39.1 nationally, a markedly older profile that usually tracks retirees staying put and younger households leaving for work. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in Cannon Falls city earn a median of $80,515 a year, 2.5% above the national figure of $78,538 and 7% above the $75,469 median for the 361 Minnesota cities we cover. This figure covers the household, not the worker: two people on ordinary wages at one address outrank a single professional in the same table. Poverty reaches 5.8% of residents here, less than half the 12.4% national rate.

The typical owner-occupied home in Cannon Falls city is valued at $262,100, 13.6% below the national figure and 9% above the $240,400 peer median, while median gross rent runs $983 a month, 30.1% below the national figure, or roughly $11,796 across a full year. A household on the local median income would put about 14.7% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 3.3×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 74.8% of occupied homes are owner-occupied versus 65% nationally, so the market leans toward owners. Rent is reported gross — contract rent plus tenant-paid utilities — which is why it runs above the advertised price on a listing for the same unit.

No figure on this page is estimated by us; each one comes straight from the published ACS tables for this area. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.

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Frequently asked questions

Common questions about this area.

What is the population of Cannon Falls city?: Cannon Falls city has 4,216 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #170 of 914 in Minnesota.
What is the median household income in Cannon Falls city?: Median household income in Cannon Falls city is $80,515 a year, 2.5% above the national figure of $78,538.
How much does it cost to rent or buy in Cannon Falls city?: Median gross rent is $983 a month and the median home value is $262,100, so rent absorbs about 14.7% of median household income.
Is Cannon Falls city affordable compared with the rest of the US?: Homes cost about 3.3× the local median income here versus roughly 3.9× nationally, so Cannon Falls city is more affordable to buy in than the typical US market, and rent takes 14.7% of median income against the 30% cost-burden line.
How current is this Cannon Falls city data?: All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.