Median Household Income
$96,528 ± $12,753
Median Home Value
$384,500 ± $18,014
Median Gross Rent
$1,202 ± $42/mo
Per Capita Income
$49,777
Poverty Rate
7.5%
Unemployment Rate
4.8%
Homeownership Rate
57.4%
Bachelor's Degree or Higher
72.9%
Median Age
34.4
Average Commute
15 min
Households
2,039
Veterans
173
Population Over Time
Falcon Heights shrank 6.5% from 2014 to 2024.
2014
5,439
2016
5,534
2018
5,559
2020
5,586
2022
5,232
2024
5,085
Population by Race & Ethnicity
White
72.1%
Hispanic or Latino
2.6%
Black or African American
7.7%
Asian
13.6%
Nearby Cities in Minnesota
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024. Estimates carry a margin of error (shown as ±) inherent to ACS's sample-based methodology.