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
Income Overview
Median Household Income
$93,233
24% above
US avg: $75,149
Per Capita Income
$50,868
30% above
US avg: $39,052
Unemployment Rate
3.7%
3% above
US avg: 3.6%
Poverty Rate
4.4%
65% below
US avg: 12.4%
Income Comparison: Falcon Heights vs. U.S. Average
Each bar shows Falcon Heights’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$93,233
124%
Per Capita
US: $39,052
$50,868
130%
IRS Avg AGI
US: $72,000
$96,679
134%
Avg Weekly Wage
US: $1,432
$1,400
98%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,400
2% below US avg ($1,432)
Mean Commute Time
23 min
17% below US avg (28 min)
Work From Home
26.4%
74% above US avg (15.2%)
Drive Alone
46.9%
36% below US avg (73.2%)
Public Transit
8.4%
67% above US avg (5.0%)
County GDP
$37,138M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
46.9%
Public Transit
8.4%
Work From Home
26.4%
Other
18.3%
Average commute time
23 minutes
US avg: 28 min
Business Landscape
Total Establishments
11,950
Restaurants
748
Healthcare
1,340
Retail
1,196
Manufacturing
400
Tax & Financial
IRS Avg Adjusted Gross Income
$96,679
34% above US avg ($72,000)
Avg Property Tax
$5,014
43% 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 | $93,233 |
| Per Capita Income | $50,868 |
| IRS Avg Adjusted Gross Income | $96,679 |
| Avg Weekly Wage | $1,400 |
| County GDP | $37,138M |
Hardship Indicators
| Unemployment Rate | 3.7% |
| Poverty Rate | 4.4% |
| Gini Coefficient | 0.411 |
| Cost of Living Index | 98.6 |
Commute
| Mean Commute | 23 minutes |
| Drive Alone | 46.9% |
| Public Transit | 8.4% |
| Work From Home | 26.4% |
Businesses
| Total Establishments | 11,950 |
| Restaurants | 748 |
| Healthcare | 1,340 |
| Retail | 1,196 |
| Manufacturing | 400 |
Tax
| IRS Avg AGI | $96,679 |
| Avg Property Tax | $5,014 |
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