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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

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 Rate3.7%
Poverty Rate4.4%
Gini Coefficient0.411
Cost of Living Index98.6

Commute

Mean Commute23 minutes
Drive Alone46.9%
Public Transit8.4%
Work From Home26.4%

Businesses

Total Establishments11,950
Restaurants748
Healthcare1,340
Retail1,196
Manufacturing400

Tax

IRS Avg AGI$96,679
Avg Property Tax$5,014