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Park Falls, WI

Full City Profile · Wisconsin · Price County County

2.8 /5.0
C+ Fair
2,308 Population 612/sq mi density
$47,240 Median Income $30,494 per capita
$81,900 Home Value $196,399 Zillow
$907 Median Rent 32.7% income on rent
41°F Avg Temperature 270 sunny days/yr
271 Violent Crime/100K 271 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.2 / 5.0
$47,240 median income, 0.5% unemployment
A+
Affordability
5.0 / 5.0
$81,900 home value, $907/mo rent
F
Safety
1.0 / 5.0
271 violent crimes/100K
D
Education
1.9 / 5.0
10.8% bachelor's degree or higher

Park Falls, WI

At a Glance

Median Income
$47,240
37% below
$30,494 per capita
Home Value
$81,900
71% below
Zillow: $196,399
Median Rent
$907/mo
22% below
32.7% of income on rent
Violent Crime
271/100K
29% below
271/100K property
Bachelor's Degree+
10.8%
68% below
90.3% high school+
Unemployment
0.5%
86% below
20.7% poverty rate
Obesity Rate
44.8%
40% above
20.2% smoking rate
Avg Temperature
41°F
270 sunny days/yr

How Park Falls Compares to the U.S. Average

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

Income
63%
Home Value
29%
Rent
78%
Poverty
167%
Bachelor's
32%
Unemployment
14%
Crime
71%
Thin vertical line = U.S. national average (100%)

Is Park Falls a Good Place to Live?

C+
2.8 / 5.0 — Fair
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Park Falls residents earn a median household income of $47,240 , which is 37% below the national average of $75,149. Per capita income is $30,494. The unemployment rate stands at 0.5% (86% below the U.S. rate of 3.6%). 20.7% of residents live below the poverty line. The area is home to 434 business establishments, including 41 restaurants.

Housing & Cost of Living

The median home value in Park Falls is $81,900 , 71% below the national median of $281,900. Zillow estimates the typical home at $196,399. Median rent is $907/month, with 32.7% of renters spending more than 30% of income on housing. The cost of living index is 94.1 (100 = national average). The median home was built in 1959.

Safety & Crime

Park Falls reports 271 violent crimes per 100,000 residents , which is 29% below the national average of 380/100K. Property crime is 271/100K. The murder rate is 0.0/100K.

Education

10.8% of adults in Park Falls hold a bachelor's degree or higher (68% below the national average). 90.3% have completed high school. Local schools score 5.9/10 in standardized testing.

Climate & Weather

Park Falls has an average annual temperature of 41°F (5°C). Winters average 11°F in January while summers reach 67°F in July. The area gets 270 sunny days per year. Annual precipitation totals 34.0 inches. Air quality is rated Good with a median AQI of 38.

Data Overview

People

Population2,308
Median Age47.0 yrs
Density612/mi²
Male / Female45% / 55%
Foreign Born13.6%
Veterans9.3%

Economy

B
Median Income$47,240
Per Capita$30,494
Unemployment0.5%
Poverty20.7%
County GDP$743M
Avg Weekly Wage$940

Housing

A+
Home Value$81,900
Rent$907
Ownership66.1%
Zillow$196,399
Housing Units1,245
Rent Burden32.7%

Crime

F
Violent271/100K
Property271/100K
Murder0.0/100K
Assault226/100K
Burglary0/100K

Health

Obesity44.8%
Diabetes11.5%
Smoking20.2%
Heart Disease6.7%
Premature Death6,009/100K

Climate

Avg Temp41°F
Sunny Days270/yr
Rain34.0 in/yr
AQI38 (Good)
Elevation1,479 ft

Education

D
Bachelor's+10.8%
High School+90.3%
Graduate+3.6%
School Score5.9/10

Community

2024 VoteR 65% / D 34%
Commute22 min
Broadband79.9%
Internet Speed49 Mbps
EV Stations2
Libraries3

Did You Know?

Park Falls was founded in 1912.
The median home in Park Falls was built in 1959.
The nearest airport is Rice Lake Regional/Carl's Field (73 miles).
The Gini coefficient (income inequality) is 0.423 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
21.1% of the population has a disability.
13.6% of residents are foreign-born.
The county recorded 2 fatal vehicle crashes.