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Falcon Heights, MN

Full City Profile · Minnesota · Dakota County County

3.8 /5.0
B+ Good
5,145 Population 2,307/sq mi density
$93,233 Median Income $50,868 per capita
$366,800 Home Value $403,548 Zillow
$1,200 Median Rent 30.8% income on rent
45°F Avg Temperature 270 sunny days/yr
90 Violent Crime/100K 1,857 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$93,233 median income, 3.7% unemployment
A
Affordability
4.5 / 5.0
$366,800 home value, $1,200/mo rent
F
Safety
1.0 / 5.0
90 violent crimes/100K
A+
Education
5.0 / 5.0
74.0% bachelor's degree or higher

Falcon Heights, MN

At a Glance

Median Income
$93,233
24% above
$50,868 per capita
Home Value
$366,800
30% above
Zillow: $403,548
Median Rent
$1,200/mo
3% above
30.8% of income on rent
Violent Crime
90/100K
76% below
1,857/100K property
Bachelor's Degree+
74.0%
120% above
98.5% high school+
Unemployment
3.7%
3% above
4.4% poverty rate
Obesity Rate
29.2%
9% below
9.0% smoking rate
Avg Temperature
45°F
270 sunny days/yr

How Falcon Heights Compares to the U.S. Average

Each bar shows Falcon Heights's value as a percentage of the national average (100% = U.S. avg)

Income
124%
Home Value
130%
Rent
103%
Poverty
35%
Bachelor's
220%
Unemployment
103%
Crime
24%
Thin vertical line = U.S. national average (100%)

Is Falcon Heights a Good Place to Live?

B+
3.8 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Falcon Heights residents earn a median household income of $93,233 , which is 24% above the national average of $75,149. Per capita income is $50,868. The unemployment rate stands at 3.7% (3% above the U.S. rate of 3.6%). 4.4% of residents live below the poverty line. The area is home to 11,950 business establishments, including 748 restaurants.

Housing & Cost of Living

The median home value in Falcon Heights is $366,800 , 30% above the national median of $281,900. Zillow estimates the typical home at $403,548. Median rent is $1,200/month, with 30.8% 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 1958.

Safety & Crime

Falcon Heights reports 90 violent crimes per 100,000 residents , which is 76% below the national average of 380/100K. Property crime is 1,857/100K. The murder rate is 0.0/100K.

Education

74.0% of adults in Falcon Heights hold a bachelor's degree or higher (120% above the national average). 98.5% have completed high school. Local schools score 6.6/10 in standardized testing.

Climate & Weather

Falcon Heights has an average annual temperature of 45°F (7°C). Winters average 13°F in January while summers reach 72°F in July. The area gets 270 sunny days per year. Annual precipitation totals 32.7 inches. Air quality is rated Good with a median AQI of 36.

Data Overview

People

Population5,145
Median Age35.8 yrs
Density2,307/mi²
Male / Female48% / 52%
Foreign Born13.6%
Veterans4.1%

Economy

A+
Median Income$93,233
Per Capita$50,868
Unemployment3.7%
Poverty4.4%
County GDP$37,138M
Avg Weekly Wage$1,400

Housing

A
Home Value$366,800
Rent$1,200
Ownership59.0%
Zillow$403,548
Housing Units2,155
Rent Burden30.8%

Crime

F
Violent90/100K
Property1,857/100K
Murder0.0/100K
Assault54/100K
Burglary469/100K

Health

Obesity29.2%
Diabetes7.8%
Smoking9.0%
Heart Disease4.2%
Premature Death5,146/100K

Climate

Avg Temp45°F
Sunny Days270/yr
Rain32.7 in/yr
AQI36 (Good)
Elevation956 ft

Education

A+
Bachelor's+74.0%
High School+98.5%
Graduate+40.0%
School Score6.6/10

Community

2024 VoteR 43% / D 55%
Commute23 min
Broadband92.7%
Internet Speed139 Mbps
EV Stations1
Libraries10

Did You Know?

The median home in Falcon Heights was built in 1958.
26.4% work from home.
The nearest airport is Minneapolis-St Paul International/Wold-Chamberlain (8 miles).
The Gini coefficient (income inequality) is 0.411 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
8.6% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 139 Mbps.
There are 748 restaurants in the area.
The county recorded 24 fatal vehicle crashes.