Falcon Heights, MN Economy


Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
Falcon Heights, MN is a great place to live with local amenities such as The Roseville Shopping Center, the Falcon Heights City Hall, and the Falcon Heights Public Library. There are many small businesses around the area that contribute to making this a vibrant community. A few of the most popular include Kowalski's Markets, Walgreens, and Target. Rent for two bedroom apartments in Falcon Heights is slightly more affordable than the US average at $1,410 per month compared to $1,430 for the US average. Grocery costs are also lower than the US index at 102 versus 100 in the US. The population of Falcon Heights is just over 5400 people according to recent census data.

Falcon Heights has an unemployment rate of 4.5%. The US average is 6.0%.

Falcon Heights has seen the job market decrease by -3.6% over the last year. Future job growth over the next ten years is predicted to be 35.9%, which is higher than the US average of 33.5%.

Tax Rates for Falcon Heights
- The Sales Tax Rate for Falcon Heights is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Falcon Heights is 7.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Falcon Heights
- The average income of a Falcon Heights resident is $41,898 a year. The US average is $37,638 a year.
- The Median household income of a Falcon Heights resident is $77,685 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFalcon Heights, MinnesotaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Reviews for Falcon Heights
    See all ()

Located at the center of the Twin Cities metro area with small local government, great neighborhoods and neighbors, and proximity to the State  More

   |    Reply

Start Your Review of Falcon Heights

Health
Compare Falcon Heights, MN
cost of living
Compare food, housing, utilities, and more in Falcon Heights, Minnesota to any other city in the US.


The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.