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Taylors Falls, MN
Full City Profile · Minnesota · Polk County County
3.0
/5.0
B
Good
1,208
Population
303/sq mi density
$61,548
Median Income
$37,329 per capita
$256,000
Home Value
$342,799 Zillow
$985
Median Rent
35.0% income on rent
44°F
Avg Temperature
270 sunny days/yr
79
Violent Crime/100K
2,699 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$61,548 median income, 1.7% unemployment
A
Affordability
4.3 / 5.0
$256,000 home value, $985/mo rent
F
Safety
1.0 / 5.0
79 violent crimes/100K
C+
Education
2.7 / 5.0
20.7% bachelor's degree or higher
Income Overview
Median Household Income
$61,548
18% below
US avg: $75,149
Per Capita Income
$37,329
4% below
US avg: $39,052
Unemployment Rate
1.7%
53% below
US avg: 3.6%
Poverty Rate
6.2%
50% below
US avg: 12.4%
Income Comparison: Taylors Falls vs. U.S. Average
Each bar shows Taylors Falls’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$61,548
82%
Per Capita
US: $39,052
$37,329
96%
IRS Avg AGI
US: $72,000
$72,536
101%
Avg Weekly Wage
US: $1,432
$919
64%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$919
36% below US avg ($1,432)
Mean Commute Time
36 min
31% above US avg (28 min)
Work From Home
12.0%
21% below US avg (15.2%)
Drive Alone
78.8%
8% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$2,185M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
78.8%
Public Transit
0%
Work From Home
12%
Other
9.2%
Average commute time
36 minutes
US avg: 28 min
Business Landscape
Total Establishments
1,311
Restaurants
136
Healthcare
106
Retail
164
Manufacturing
95
Tax & Financial
IRS Avg Adjusted Gross Income
$72,536
1% above US avg ($72,000)
Avg Property Tax
$5,702
63% 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 | $61,548 |
| Per Capita Income | $37,329 |
| IRS Avg Adjusted Gross Income | $72,536 |
| Avg Weekly Wage | $919 |
| County GDP | $2,185M |
Hardship Indicators
| Unemployment Rate | 1.7% |
| Poverty Rate | 6.2% |
| Gini Coefficient | 0.401 |
| Cost of Living Index | 98.6 |
Commute
| Mean Commute | 36 minutes |
| Drive Alone | 78.8% |
| Public Transit | 0.0% |
| Work From Home | 12.0% |
Businesses
| Total Establishments | 1,311 |
| Restaurants | 136 |
| Healthcare | 106 |
| Retail | 164 |
| Manufacturing | 95 |
Tax
| IRS Avg AGI | $72,536 |
| Avg Property Tax | $5,702 |