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Park Falls, Wisconsin

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
2,318
Population
$54,643
Median Income
$84,800
Home Value
47.0
Median Age

Demographics

Park Falls has a population of 2,318 with a median age of 47.0. Here is the racial and ethnic breakdown of the population:

White
91.3%
Other
4.6%
Hispanic
3.6%
Demographic Value
Total Population2,318
Median Age47.0
White91.3%
Black or African American0.2%
Asian0.3%
Hispanic or Latino3.6%
Other / Two or More Races4.6%
Park Falls, Wisconsin — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 91.3%Other: 4.6%Hispanic/Latino: 3.6%Other: 0.5%2,318PopulationWhiteWhite91.3%OtherOther4.6%Hispanic/LatinoHispanic/Latino3.6%OtherOther0.5%

Income & Economy

The median household income in Park Falls is $54,643, which is 32.2% below the national median of $80,610. The per capita income is $31,806. The poverty rate is 21.9%.

$54,643
Median Household Income
$31,806
Per Capita Income
21.9%
Poverty Rate

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Education

In Park Falls, 89.8% of residents age 25+ have a high school diploma or higher, and 14.9% hold a bachelor's degree or higher (4.0% with a graduate or professional degree).

HS Diploma+
89.8%
Bachelor's+
14.9%
Graduate+
4.0%
Education Level % of Adults (25+)
High School Diploma or Higher89.8%
Bachelor's Degree or Higher14.9%
Graduate or Professional Degree4.0%

Housing

The median home value in Park Falls is $84,800, below the national median of $303,400. The median monthly rent is $832. The homeownership rate is 66.7%.

$84,800
Median Home Value
$832/mo
Median Rent
66.7%
Homeownership Rate
Housing Metric Value
Median Home Value$84,800
Median Monthly Rent$832
Homeownership Rate66.7%
Vacancy Rate13.3%

Salaries in Wisconsin

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Frequently Asked Questions

What is the population of Park Falls, Wisconsin?
The population of Park Falls, Wisconsin is 2,318 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Park Falls, Wisconsin?
The median household income in Park Falls, Wisconsin is $54,643. This is 32.2% below the national median of $80,610.
What is the median home value in Park Falls, Wisconsin?
The median home value in Park Falls, Wisconsin is $84,800. The median monthly rent is $832.
What percentage of people in Park Falls have a college degree?
In Park Falls, Wisconsin, 14.9% of adults age 25 and older hold a bachelor's degree or higher, and 89.8% have a high school diploma or higher.
Is Park Falls, Wisconsin an affordable place to live?
The home price-to-income ratio in Park Falls, Wisconsin is 1.6x (median home value $84,800 vs. median income $54,643), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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