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CITY · 2020 ACS

Taylors Falls

Minnesota · 1,055 residents · 3.985 sq mi
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The short version

Taylors Falls has lower-than-average household income, with a median household income of $57,353. Population has held roughly steady since 2000. Median home value has risen by half since 2000, reaching $187,000.

At a glance
Lower income
below the US median
US median: $66,278
Older
median age 43.4
US median: 38.8
Less educated
24% 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
1,055
+11%since 2000
from 951 in 2000
1990 – 2025
Population density
265 / sq mi
+11%since 2000
from 239 / sq mi in 2000
US average: 280
Median age
43.4
+25%since 2000
from 34.8 in 2000
US average: 38.8
Population, 1990 – 2024
6768249721K1K1990201020202024Taylors Falls
20241K
1990201020202024
Section 02

Income & economy

Median household income
$57,353
+8%inflation adjusted, since 2000
from $35,250 in 2000
US average: $66,278
1990 – 2024
Per capita income
$31,137
+77%since 2000
from $17,615 in 2000
US average: $35,364
Households earning $100K+
36.9%
+10.7 ptssince 2009
from 26.2% in 2009
US average: 43.9%
Poverty rate
8.5%
−11.5 ptssince 2000
from 20.0% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade14.3%
US avg: 10%
Wholesale trade10.8%
US avg: 6.7%
Information8.1%
US avg: 11.1%
Other services3.7%
US avg: 6.6%
Finance & insurance2.8%
US avg: 5.5%
Transportation & warehousing2.7%
US avg: 2.5%
Professional, scientific, technical2.7%
US avg: 4.7%
Public administration2.7%
US avg: 4.7%
Agriculture, forestry, fishing0.7%
US avg: 1.7%
Construction0.7%
US avg: 1.2%
Arts, entertainment, food0.4%
US avg: 2%
Education & health services0.2%
US avg: 0.8%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$187,000
+18%inflation adjusted, since 2000
from $105,400 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$765
+14%inflation adjusted, since 2000
from $447 in 2000
US average: $1,124
Owner-occupied
73.5%
−3.0 ptssince 2000
from 76.4% in 2000
26.5% rent
Afford Score
3.3
+9%since 2000
from 3.0 in 2000
1990 – 2024
RELATED:See current rent listings in Taylors Falls on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic91.1%(866)
Black0%(0)
Hispanic / Latino0.7%(7)
Asian7%(67)
Other0%
Diversity Score18.3%(174)
2020
White, non-Hispanic91.4%(964)
Black1.3%(14)
Hispanic / Latino1.3%(14)
Asian0.9%(9)
Other2.2%(24)
Diversity Score14.2%(150)
Diversity Score
14
−22%since 2000
from 18 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
24.5%
+2.7 ptssince 2000
from 21.8% in 2000
US average: 32.9%
High school or higher
96.8%
+9.8 ptssince 2000
from 86.9% in 2000
US average: 88.5%
Graduate degree
7.8%
+2.7 ptssince 2000
from 5.1% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
34.5 min
+41%since 2000
from 24.4 min in 2000
US average: 26.9
Drive alone to work
78.4%
+4.2 ptssince 2009
from 74.2% in 2009
US average: 75.1%
No vehicle available
4.4%
+3.2 ptssince 2009
from 1.2% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
1.9%
−10.8 ptssince 2011
from 12.7% in 2011
US average: 5.4%
Labor force participation
61.6%
−5.5 ptssince 2011
from 67.1% in 2011
US average: 63.4%
Management & professional
32.0%
−33.5 ptssince 2009
from 65.5% in 2009
US average: 39.3%
Section 08

People & community

Male
45.2%
−0.7 ptssince 2009
from 45.9% in 2009
Female
54.8%
+0.7 ptssince 2009
from 54.1% in 2009
Foreign born
1.3%
−2.9 ptssince 2009
from 4.2% in 2009
US average: 13.5%
Uninsured
4.5%
−84.8 ptssince 2013
from 89.3% in 2013
US average: 8.8%
Drill deeper

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Frequently asked

How many people live in Taylors Falls, Minnesota?

Taylors Falls, Minnesota has about 1,055 residents according to the 2020 American Community Survey.

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

The typical household in Taylors Falls, Minnesota earns about $57,353 a year. Half of households make more than that, and half make less.

Is Taylors Falls, Minnesota expensive?

In Taylors Falls, Minnesota, the median home is worth about $187,000, and the typical rent is about $765 a month.

How educated are people in Taylors Falls, Minnesota?

About 24.5% of adults age 25 and over in Taylors Falls, Minnesota hold a bachelor's degree or higher.

What is the poverty rate in Taylors Falls, Minnesota?

About 8.5% of people in Taylors Falls, Minnesota live below the federal poverty line.

Has Taylors Falls, Minnesota grown since 1990?

Yes, Taylors Falls, Minnesota has grown since 1990. The population has added about 330 residents, a change of about 46 percent over that period.

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

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