Falcon Heights, MN population, income and ZIP codes

Falcon Heights city is a mid-size town in Minnesota, with 5,145 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #146 of 914 ranked by population — larger than 84% of them. The median age here is 35.8 years against 39.1 nationally, a slightly younger profile than the country as a whole. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.

Households in Falcon Heights city earn a median of $93,233 a year, 18.7% above the national figure of $78,538 and 24% 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 7.8% of residents here, below the 12.4% national rate.

The typical owner-occupied home in Falcon Heights city is valued at $366,800, 20.9% above the national figure and 53% above the $240,400 peer median, while median gross rent runs $1,200 a month, 14.7% below the national figure, or roughly $14,400 across a full year. A household on the local median income would put about 15.4% 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 3.9×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 59% of occupied homes are owner-occupied versus 65% nationally, so the market leans more heavily on renters. Gross rent folds in the utilities a tenant pays separately, so it is closer to the real monthly outlay than a headline rent figure.

All values below were released by the Census for this exact geography, with no gap-filling on our side. 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.