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Cannon Falls, MN
Full City Profile · Minnesota · Goodhue County County
3.3
/5.0
B
Good
4,216
Population
919/sq mi density
$80,515
Median Income
$40,437 per capita
$262,100
Home Value
$283,927 Zillow
$983
Median Rent
28.9% income on rent
46°F
Avg Temperature
270 sunny days/yr
25
Violent Crime/100K
1,821 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$80,515 median income, 0.4% unemployment
A+
Affordability
4.9 / 5.0
$262,100 home value, $983/mo rent
F
Safety
1.0 / 5.0
25 violent crimes/100K
C+
Education
2.8 / 5.0
21.9% bachelor's degree or higher
Income Overview
Median Household Income
$80,515
7% above
US avg: $75,149
Per Capita Income
$40,437
4% above
US avg: $39,052
Unemployment Rate
0.4%
89% below
US avg: 3.6%
Poverty Rate
3.4%
73% below
US avg: 12.4%
Income Comparison: Cannon Falls vs. U.S. Average
Each bar shows Cannon Falls’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$80,515
107%
Per Capita
US: $39,052
$40,437
104%
IRS Avg AGI
US: $72,000
$80,551
112%
Avg Weekly Wage
US: $1,432
$1,164
81%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,164
19% below US avg ($1,432)
Mean Commute Time
29 min
3% above US avg (28 min)
Work From Home
6.5%
57% below US avg (15.2%)
Drive Alone
81.8%
12% above US avg (73.2%)
Public Transit
0.7%
85% below US avg (5.0%)
County GDP
$3,916M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
81.8%
Public Transit
0.7%
Work From Home
6.5%
Other
11%
Average commute time
29 minutes
US avg: 28 min
Business Landscape
Total Establishments
1,388
Restaurants
102
Healthcare
158
Retail
173
Manufacturing
92
Tax & Financial
IRS Avg Adjusted Gross Income
$80,551
12% above US avg ($72,000)
Avg Property Tax
$4,437
27% above US avg ($3,500)
Cost of Living Index
98.6
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $80,515 |
| Per Capita Income | $40,437 |
| IRS Avg Adjusted Gross Income | $80,551 |
| Avg Weekly Wage | $1,164 |
| County GDP | $3,916M |
Hardship Indicators
| Unemployment Rate | 0.4% |
| Poverty Rate | 3.4% |
| Gini Coefficient | 0.421 |
| Cost of Living Index | 98.6 |
Commute
| Mean Commute | 29 minutes |
| Drive Alone | 81.8% |
| Public Transit | 0.7% |
| Work From Home | 6.5% |
Businesses
| Total Establishments | 1,388 |
| Restaurants | 102 |
| Healthcare | 158 |
| Retail | 173 |
| Manufacturing | 92 |
Tax
| IRS Avg AGI | $80,551 |
| Avg Property Tax | $4,437 |