Falcon Heights, MN
5,085Residents
$96,528Median household income
$1,202/moMedian gross rent
$384,500Median home value
34.4Median age
73%Adults with a bachelor’s degree or higher
57%Homes lived in by their owners
4.0×Home value to household income
Median rent takes about 15% of the median household income in Falcon Heights.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $48,000 a year. In Minnesota that leaves roughly $3,124 a month after tax. See the full paycheck breakdown for $50,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.