Fergus Falls, MN Profile: Facts & Data

Fergus Falls, Minnesota - Basic Facts

The City of Fergus Falls had a population of 14,169 as of July 1, 2024.

The primary coordinate point for Fergus Falls is located at latitude 46.283 and longitude -96.0776 in Otter Tail County. The formal boundaries for the City of Fergus Falls encompass a land area of 14.11 sq. miles and a water area of 1.26 sq. miles. Otter Tail County is in the Central time zone (GMT -6).

The City of Fergus Falls 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.

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Fergus Falls, MN Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	14,169 (100%)
Population in Households	13,349 (94.2%)
Population in Families	9,689 (68.4%)
Population in Group Quarters¹	820 ( 5.8%)
Population Density	985
Diversity Index²	22


INCOME
Median Household Income	$50,829
Average Household Income	$78,650
% of Income for Mortgage⁴	26%
Per Capita Income	$34,830
Wealth Index⁵	69
Socioeconomic Status Index⁶	Moderate (50.9)

HOUSING
Total HU (Housing Units)	6,859 (100%)
Owner Occupied HU	3,897 (56.8%)
Renter Occupied HU	2,326 (33.9%)
Vacant Housing Units	636 ( 9.3%)
Median Home Value	$211,778
Average Home Value	$302,989
Housing Affordability Index³	96

HOUSEHOLDS
Total Households	6,223
Average Household Size	2.15
Family Households	3,381
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

6,859 (100%)

Owner Occupied HU

3,897 (56.8%)

Renter Occupied HU

2,326 (33.9%)

Vacant Housing Units

636 ( 9.3%)

Median Home Value

$211,778

Average Home Value

$302,989

Housing Affordability Index³

HOUSEHOLDS

Total Households

6,223

Average Household Size

2.15

Family Households

3,381

Average Family Size

3.00

NOTES

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.
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.
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.
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).
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.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	0.08%	0.11%
Households	0.20%	0.10%
Families		0.07%
Median Household Income		4.40%
Per Capita Income		3.03%
Owner Occupied HU		1.12%

GROWTH RATE / YEAR

2020-2024

2024-2029

Population

0.08%

0.11%

Households

0.20%

0.10%

Families

0.07%

Median Household Income

4.40%

Per Capita Income

3.03%

Owner Occupied HU

1.12%

Fergus Falls, MN - Peer Comparisons by Rank and Percentile

The table below compares Fergus Falls to the other 914 incorporated cities, towns and CDPs in Minnesota by rank and percentile using July 1, 2024 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	# 82	91st
Population Density	# 283	69th
Median Household Income	# 854	7th
Housing Affordability Index	# 385	42nd
Per Capita Income	# 712	22nd
Diversity Index	# 420	54th

Variable Description

Rank

Percentile

Total Population

# 82

91st

Population Density

# 283

69th

Median Household Income

# 854

7th

Housing Affordability Index

# 385

42nd

Per Capita Income

# 712

22nd

Diversity Index

# 420

54th

Minnesota Census Data Comparison Tool

Fergus Falls, MN Profile: Facts & Data

Fergus Falls, Minnesota - Basic Facts

Fergus Falls, MN Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Fergus Falls, MN - Peer Comparisons by Rank and Percentile

Fergus Falls, MN - Most Popular Things to Do

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Otter Tail County