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CITY · 2020 ACS

Cannon Falls

Minnesota · 4,220 residents · 4.509 sq mi
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The short version

Cannon Falls has roughly average household income, with a median household income of $65,655. Population has held roughly steady since 2000. Median home value has risen by half since 2000, reaching $195,000.

At a glance
Average income
near the US median
US median: $66,278
Older
median age 42.4
US median: 38.8
Less educated
22% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
4,220
+11%since 2000
from 3,795 in 2000
1990 – 2025
Population density
936 / sq mi
+11%since 2000
from 842 / sq mi in 2000
US average: 280
Median age
42.4
+15%since 2000
from 36.9 in 2000
US average: 38.8
Population, 1990 – 2024
3K3K4K4K4K1990201020202024Cannon Falls
20244K
1990201020202024
Section 02

Income & economy

Median household income
$65,655
+7%inflation adjusted, since 2000
from $40,721 in 2000
US average: $66,278
1990 – 2024
Per capita income
$34,196
+64%since 2000
from $20,820 in 2000
US average: $35,364
Households earning $100K+
39.8%
+8.6 ptssince 2009
from 31.2% in 2009
US average: 43.9%
Poverty rate
7.1%
+1.5 ptssince 2000
from 5.6% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade21.7%
US avg: 10%
Information7%
US avg: 11.1%
Finance & insurance6.5%
US avg: 5.5%
Professional, scientific, technical5.8%
US avg: 4.7%
Other services5.1%
US avg: 6.6%
Public administration4.4%
US avg: 4.7%
Transportation & warehousing4.4%
US avg: 2.5%
Wholesale trade4%
US avg: 6.7%
Agriculture, forestry, fishing2.7%
US avg: 1.7%
Construction2.7%
US avg: 1.2%
Arts, entertainment, food2.4%
US avg: 2%
Education & health services0.7%
US avg: 0.8%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$195,000
+15%inflation adjusted, since 2000
from $113,100 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$824
+23%inflation adjusted, since 2000
from $446 in 2000
US average: $1,124
Owner-occupied
69.3%
−4.6 ptssince 2000
from 73.9% in 2000
30.7% rent
Afford Score
3.0
+7%since 2000
from 2.8 in 2000
1990 – 2024
RELATED:See current rent listings in Cannon Falls on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic97.6%(3,705)
Black0.2%(7)
Hispanic / Latino1.1%(41)
Asian0.6%(24)
Other0%
Diversity Score4.7%(178)
2020
White, non-Hispanic92.3%(3,893)
Black0.2%(9)
Hispanic / Latino2.4%(100)
Asian0.8%(34)
Other1.9%(81)
Diversity Score13.1%(553)
Diversity Score
13
+179%since 2000
from 5 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
22.4%
+8.1 ptssince 2000
from 14.3% in 2000
US average: 32.9%
High school or higher
94.8%
+10.6 ptssince 2000
from 84.2% in 2000
US average: 88.5%
Graduate degree
6.4%
+2.5 ptssince 2000
from 3.9% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
25.4 min
+75%since 2000
from 14.5 min in 2000
US average: 26.9
Drive alone to work
84.9%
−0.5 ptssince 2009
from 85.5% in 2009
US average: 75.1%
No vehicle available
5.1%
−1.8 ptssince 2009
from 6.9% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
1.6%
−5.7 ptssince 2011
from 7.3% in 2011
US average: 5.4%
Labor force participation
71.2%
−1.2 ptssince 2011
from 72.4% in 2011
US average: 63.4%
Management & professional
43.2%
−19.9 ptssince 2009
from 63.1% in 2009
US average: 39.3%
Section 08

People & community

Male
49.5%
+0.2 ptssince 2009
from 49.3% in 2009
Female
50.5%
−0.2 ptssince 2009
from 50.7% in 2009
Foreign born
0.8%
−1.6 ptssince 2009
from 2.4% in 2009
US average: 13.5%
Uninsured
3.8%
−89.8 ptssince 2013
from 93.6% in 2013
US average: 8.8%
Drill deeper

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Head to head

Compare Cannon Falls to nearby cities

CANNON FALLS VS
Northfield
Income$84,895+29%
Home value$329,400+69%
Population21,992+422%
SEE FULL COMPARISON →
CANNON FALLS VS
Red Wing
Income$67,192+2%
Home value$237,300+22%
Population16,805+299%
SEE FULL COMPARISON →
CANNON FALLS VS
Hastings
Income$93,998+43%
Home value$322,400+65%
Population22,563+436%
SEE FULL COMPARISON →
CANNON FALLS VS
Farmington
Income$123,673+88%
Home value$366,200+88%
Population25,425+504%
SEE FULL COMPARISON →
Frequently asked

How many people live in Cannon Falls, Minnesota?

Cannon Falls, Minnesota has about 4,220 residents according to the 2020 American Community Survey.

What is the median household income in Cannon Falls, Minnesota?

The typical household in Cannon Falls, Minnesota earns about $65,655 a year. Half of households make more than that, and half make less.

Is Cannon Falls, Minnesota expensive?

In Cannon Falls, Minnesota, the median home is worth about $195,000, and the typical rent is about $824 a month.

How educated are people in Cannon Falls, Minnesota?

About 22.4% of adults age 25 and over in Cannon Falls, Minnesota hold a bachelor's degree or higher.

What is the poverty rate in Cannon Falls, Minnesota?

About 7.1% of people in Cannon Falls, Minnesota live below the federal poverty line.

Has Cannon Falls, Minnesota grown since 1990?

Yes, Cannon Falls, Minnesota has grown since 1990. The population has added about 988 residents, a change of about 31 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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