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Taylors Falls, Minnesota Demographics & Population 2026

During the 2020–2024 ACS period, Taylors Falls, Minnesota had a total population of 1,167, the 341st largest city in Minnesota, with a median household income of $67,885, which is 24% lower than the state average. The poverty rate is 5.4%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Taylors Falls Quick Facts

Population 1,167
Median Household Income $67,885
Median Home Value $275,200
Poverty Rate 5.4%
Unemployment Rate 2.3%
Median Age 40.5 years
Homeownership Rate 80.9%
Affordability Ratio 4.1x
Bachelor's Degree or Higher 24.4%
High School Graduation Rate 98.3%
Diversity Index 12/100
Population 1,167 341st of 914
Median Income $67,885 average
Poverty Rate 5.4% 56% lower than national
Median Home Value $275,200 top 30%

How Taylors Falls Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population1,2081,167-3.4%
Median household income$61,548$67,885+10.3%
Median home value$256,000$275,200+7.5%

How Taylors Falls Compares

Economy & Housing

Household Income Distribution

Under $25K 10.8%
$25K-$50K 27.0%
$50K-$100K 24.8%
$100K+ 37.4%
Detailed income brackets
Under $10K
2.4%
$10K-$15K
3.9%
$15K-$20K
2.9%
$20K-$25K
1.6%
$25K-$30K
2.9%
$30K-$35K
3.5%
$35K-$40K
8.3%
$40K-$45K
3.9%
$45K-$50K
8.5%
$50K-$60K
6.3%
$60K-$75K
10.4%
$75K-$100K
8.1%
$100K-$125K
13.6%
$125K-$150K
8.9%
$150K-$200K
6.9%
$200K+
7.9%

Employment

2.3% Unemployment Rate State: 4.1%|National: 5.2%
71.1% Labor Force Participation

Housing Overview

Owner 80.9%
Renter 19.1%
Affordability Index Moderate
4.1x home value to income ratio
Median gross rent $1,074/mo 19.0% of median household income annually

People & Demographics

Diversity Index

12out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 41 | National average: 61

Education

Taylors Falls Rankings in Minnesota

#341 Population of 914
#469 Median Income of 887
#335 Education of 914
#218 Home Value of 870

Other Cities in Chisago County

CityPopulationMedian IncomePovertyHome Value
North Branch 11,565 $90,456 7.7% $322,300
Wyoming 8,087 $107,565 3.7% $365,700
Chisago City 5,899 $102,197 3.4% $413,000
Lindstrom 4,978 $98,226 6.5% $358,100
Stacy 4,384 $98,464 5.2% $323,800
Rush City 3,295 $58,760 13.3% $233,100
Shafer 1,186 $99,489 7.5% $242,800
Harris 776 $87,375 8.7% $306,000
Center City 651 $96,875 4.7% $362,000

Cities Similar to Taylors Falls

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
New London1,187$68,421$218,80039.3%7.3%
New Richland1,184$67,000$137,00017.5%7.4%
Scanlon1,146$68,750$228,80019.3%7.6%
Baudette1,139$71,061$173,60042.5%3.7%
Atwater1,203$71,042$159,90018.0%5.5%

Population Overview

Taylors Falls is a small community located in Minnesota, within Chisago County. The total population is 1,167. It ranks as the 341st most populous out of 914 Census-designated places in Minnesota.

Age Demographics

The median age in Taylors Falls is 40.5 years. This is 4% higher than the state median of 38.8 years.

Economy, Income & Housing

The median household income in Taylors Falls is $67,885. This is 24% lower than the state median of $89,062. It is also 16% lower than the national median of $80,734. The poverty rate stands at 5.4%. This is 42% lower than the state poverty rate of 9.3%. The unemployment rate is 2.3%. This is 45% lower than the state rate of 4.1%. The median home value is $275,200. Housing costs are 16% lower than the state median of $329,300. The home-value-to-income ratio is 4.1x. 80.9% of occupied housing units are owner-occupied. This homeownership rate is 12% higher than the state average of 72.2%.

Race & Ethnicity

Taylors Falls has a predominantly White (non-Hispanic) population, comprising 93.5% of all residents. Hispanic or Latino residents account for 3.1%. The Hispanic or Latino population (3.1%) is well below the state average of 6.4%.

Education

24.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 38% lower than the state rate of 39.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 98.3%.

Data Sources & Methodology

All demographic data for Taylors Falls, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 914 Census-designated places in Minnesota. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Taylors Falls, Minnesota?

Taylors Falls, Minnesota has a population of 1,167 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Taylors Falls is $67,885, which is 16% lower than the national median of $80,734.

What is the poverty rate in Taylors Falls, MN?

The poverty rate in Taylors Falls is 5.4%. This means approximately 63 residents live below the federal poverty line.

What is the racial makeup of Taylors Falls, Minnesota?

Taylors Falls's population is 93.5% White, 0.0% Black, 3.1% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Taylors Falls, MN?

The median home value in Taylors Falls is $275,200. The home-value-to-income ratio is 4.1x.

How educated is Taylors Falls, Minnesota?

24.4% of adults (25+) in Taylors Falls hold a bachelor's degree or higher, and 8.6% hold a graduate or professional degree.