Taylors Falls, MN Profile: Facts & Data


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Taylors Falls, Minnesota - Basic Facts

The City of Taylors Falls had a population of 1,092 as of July 1, 2020.

The primary coordinate point for Taylors Falls is located at latitude 45.4019 and longitude -92.6524 in Chisago County. The formal boundaries for the City of Taylors Falls encompass a land area of 3.95 sq. miles and a water area of 0.29 sq. miles. Chisago County is in the Central time zone (GMT -6). The elevation is 751 feet.

The City of Taylors Falls (GNIS ID: 2396034) has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Alternate Unofficial Names for Taylors Falls: City of Taylors Falls, Taylor's Falls.


Taylors Falls, MN Data & Demographics (As of July 1, 2020)


Total Population 1,092 (100%)
Population in Households 1,089 (99.7%)
Population in Families 895 (82.0%)
Population in Group Quarters1 3 ( 0.3%)
Population Density 277
Diversity Index2 16


Median Household Income $62,516
Average Household Income $75,282
% of Income for Mortgage4 14%
Per Capita Income $28,710
Wealth Index5 71


Total HU (Housing Units) 509 (100%)
Owner Occupied HU 396 (77.8%)
Renter Occupied HU 67 (13.2%)
Vacant Housing Units 46 ( 9.0%)
Median Home Value $211,364
Average Home Value $239,367
Housing Affordability Index3 179


Total Households 463
Average Household Size 2.35
Family Households 322
Average Family Size 3
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.


2010-2020 2020-2025
Population 1.1% 0.81%
Households 1.12% 0.81%
Families 2.07% 0.73%
Median Household Income   0.98%
Per Capita Income   1.68%
Owner Occupied HU   0.94%


Taylors Falls, MN - Peer Comparisons by Rank and Percentile

The table below compares Taylors Falls to the other 903 incorporated cities, towns and CDPs in Minnesota by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 351 61st
Population Density # 642 29th
Median Household Income # 382 58th
Housing Affordability Index # 387 43rd
Per Capita Income # 598 34th
Diversity Index # 432 52nd

Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.

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