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ZipNumbers

Minnesota · Census place 26972

Hanley Falls city, MN

Quick answer

Hanley Falls city has 288 residents, ranking #613 of 914 places in Minnesota. Median household income is $57,917, the median home is worth $76,700 and median gross rent runs $628 a month.

Population
288Hanley Falls city residents
Median household income
$57,917Past 12 months, inflation adjusted
Median home value
$76,700Owner-occupied units
Median gross rent
$628Rent plus utilities, monthly
Median age
30.3 yrsAll residents
Homeownership rate
53.6%Owner-occupied households

What the numbers mean in Hanley Falls city

Housing cost measured against local earnings.

A household earning the Hanley Falls city median would spend about 13% 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 1.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 13.5% of residents and 53.6% of households own their home.

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

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