Big Falls, MN
Full City Profile · Minnesota · Koochiching County County
Big Falls, MN
At a Glance
How Big Falls Compares to the U.S. Average
Each bar shows Big Falls's value as a percentage of the national average (100% = U.S. avg)
Is Big Falls a Good Place to Live?
Economy & Jobs
Big Falls residents earn a median household income of $26,071 , which is 65% below the national average of $75,149. Per capita income is $29,245. The unemployment rate stands at 6.6% (83% above the U.S. rate of 3.6%). 4.0% of residents live below the poverty line. The area is home to 428 business establishments, including 42 restaurants.
Housing & Cost of Living
The median home value in Big Falls is $48,500 , 83% below the national median of $281,900. Zillow estimates the typical home at $163,779. Median rent is $550/month, with 27.5% of renters spending more than 30% of income on housing. The cost of living index is 98.6 (100 = national average). The median home was built in 1973.
Education
11.3% of adults in Big Falls hold a bachelor's degree or higher (66% below the national average). 96.0% have completed high school. Local schools score 5.8/10 in standardized testing.
Climate & Weather
Big Falls has an average annual temperature of 38°F (3°C). Winters average 5°F in January while summers reach 65°F in July. Annual precipitation totals 27.3 inches.