Cannon Falls city, Minnesota Demographics & Population 2026
As of 2026, Cannon Falls city, Minnesota has a total population of 4,216, the 170th largest city in Minnesota, with a median household income of $80,515, which is 8% lower than the state average. The poverty rate is 5.9%.
Key Takeaways
- Near full employment with an unemployment rate of just 0.6%.
Cannon Falls city Quick Facts
How Cannon Falls city Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 40 | National average: 60
Education
Educational Attainment (Adults 25+)
Cannon Falls city Rankings in Minnesota
Explore Minnesota Rankings
Other Cities in Goodhue County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Red Wing city | 16,660 | $65,259 | 14.0% | $224,800 |
| Zumbrota city | 3,843 | $96,818 | 8.8% | $235,800 |
| Kenyon city | 1,811 | $74,643 | 15.3% | $184,500 |
| Goodhue city | 1,261 | $86,731 | 15.2% | $230,300 |
| Wanamingo city | 1,185 | $85,000 | 15.2% | $247,400 |
Cities Similar to Cannon Falls city
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Cold Spring city | 4,201 | $72,022 | $242,000 | 29.1% | 9.9% |
| Goodview city | 4,104 | $75,375 | $215,200 | 34.6% | 4.5% |
| Le Sueur city | 4,204 | $71,563 | $216,700 | 24.3% | 17.3% |
| Rockford city | 4,521 | $82,228 | $265,900 | 41.6% | 6.7% |
| Rice Lake city | 4,120 | $95,347 | $283,700 | 31.7% | 6.8% |
Population Overview
Cannon Falls city is a small community located in Minnesota, within Goodhue County. The total population is 4,216. It ranks as the 170th most populous out of 913 cities and towns in Minnesota.
Age Demographics
The median age in Cannon Falls city is 45.3 years. This is 17% higher than the state median of 38.6 years. 10.4% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.
Economy, Income & Housing
The median household income in Cannon Falls city is $80,515. This is 8% lower than the state median of $87,556. Compared to the national median of $78,538, household income here is 3% higher. The poverty rate stands at 5.9%. This is 36% lower than the state poverty rate of 9.2%. The unemployment rate is 0.6%. This is 84% lower than the state rate of 3.9%. The median home value is $262,100. Housing costs are 14% lower than the state median of $305,500. The home-value-to-income ratio is 3.3x. 74.8% of occupied housing units are owner-occupied. This homeownership rate is 3% higher than the state average of 72.4%.
Race & Ethnicity
Cannon Falls city has a predominantly White (non-Hispanic) population, comprising 91.0% of all residents. Black or African American residents account for 0.4%. The Black or African American population (0.4%) is well below the state average of 6.7%. The Hispanic or Latino population (0.2%) is well below the state average of 6.2%. The Asian population (0.2%) is well below the state average of 5.0%.
Education
21.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 44% lower than the state rate of 38.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 92.1%.
Data Sources & Methodology
All demographic data for Cannon Falls city, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 913 Census-designated places in Minnesota. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Cannon Falls city, Minnesota?
Cannon Falls city, Minnesota has a population of 4,216 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Cannon Falls city, MN?
The median household income in Cannon Falls city is $80,515, which is 3% higher the national median of $78,538.
What is the poverty rate in Cannon Falls city, MN?
The poverty rate in Cannon Falls city is 5.9%. This means approximately 241 residents live below the federal poverty line.
What is the racial makeup of Cannon Falls city, Minnesota?
Cannon Falls city's population is 91.0% White, 0.4% Black, 0.2% Hispanic/Latino, and 0.2% Asian.
What is the median home value in Cannon Falls city, MN?
The median home value in Cannon Falls city is $262,100. The home-value-to-income ratio is 3.3x.
How educated is Cannon Falls city, Minnesota?
21.9% of adults (25+) in Cannon Falls city hold a bachelor's degree or higher, and 4.1% hold a graduate or professional degree.