Cannon Falls, MN
Full City Profile · Minnesota · Goodhue County County
Cannon Falls, MN
At a Glance
How Cannon Falls Compares to the U.S. Average
Each bar shows Cannon Falls's value as a percentage of the national average (100% = U.S. avg)
Is Cannon Falls a Good Place to Live?
Economy & Jobs
Cannon Falls residents earn a median household income of $80,515 , which is 7% above the national average of $75,149. Per capita income is $40,437. The unemployment rate stands at 0.6% (83% below the U.S. rate of 3.6%). 3.4% of residents live below the poverty line. The area is home to 1,388 business establishments, including 102 restaurants.
Housing & Cost of Living
The median home value in Cannon Falls is $262,100 , 7% below the national median of $281,900. Zillow estimates the typical home at $286,636. Median rent is $983/month, with 28.9% 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 1976.
Safety & Crime
Cannon Falls reports 143 violent crimes per 100,000 residents , which is 62% below the national average of 380/100K. Property crime is 1,049/100K.
Education
21.9% of adults in Cannon Falls hold a bachelor's degree or higher (35% below the national average). 92.1% have completed high school. Local schools score 6.3/10 in standardized testing.
Climate & Weather
Cannon Falls has an average annual temperature of 46°F (8°C). Winters average 15°F in January while summers reach 72°F in July. Annual precipitation totals 32.4 inches. Air quality is rated Good with a median AQI of 38.