Minnesota · Census place 64318
Taylors Falls city, MN
Quick answer
Taylors Falls city has 1,208 residents, ranking #331 of 914 places in Minnesota. Median household income is $61,548, the median home is worth $256,000 and median gross rent runs $985 a month.
- Population
- 1,208Taylors Falls city residents
- Median household income
- $61,548Past 12 months, inflation adjusted
- Median home value
- $256,000Owner-occupied units
- Median gross rent
- $985Rent plus utilities, monthly
- Median age
- 42.2 yrsAll residents
- Homeownership rate
- 76.4%Owner-occupied households
What the numbers mean in Taylors Falls city
Housing cost measured against local earnings.
A household earning the Taylors Falls city median would spend about 19.2% 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 4.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 4.8% of residents and 76.4% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Minnesota.
- Spicer city 1,222
- Bagley city 1,218
- Atwater city 1,217
- Edgerton city 1,207
- Martin Lake CDP 1,203
- Medford city 1,194
- Wanamingo city 1,185
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