Taylors Falls, MN demographics:
population, income, and more

Total population
1,167
-3.4% year-over-year change
Median household income
$67,885/yr
10.3% year-over-year change
Housing units
558
-0.9% year-over-year change

Taylors Falls population

How many people live in Taylors Falls

Taylors Falls is home to 1,167 residents, according to the most recent Census data. Gender-wise, 50.9% of Taylors Falls locals are male, and 49.1% are female.

Total population
1,167
-3.4% year-over-year change
Gender ratio
Male
50.9%
594
Female
49.1%
573
Value Percent YoY change
Male 594 50.9% 1.4%
Female 573 49.1% -7.9%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Taylors Falls is 40, with the population distributed as follows: about 16.5% are children under 15, then 14.9% are in the 15 to 24 age group. Adults between 25 and 44 make up 24.6% of the population, while another 21.5% fall into the 45 to 64 bracket. Finally, around 22.4% are 65 or older.

Median age
40.5
Age breakdown
Under 15
16.5%
15 to 24
14.9%
25 to 44
24.6%
45 to 64
21.5%
Over 65
22.4%
Value Percent YoY change
Under 15 193 16.5% -11.9%
15 to 24 174 14.9% 4.8%
25 to 44 287 24.6% 0.3%
45 to 64 251 21.5% -12.2%
Over 65 262 22.4% 4.4%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Taylors Falls, 98.8% of the population are US-born citizens, while 0.7% have gained naturalized citizenship. At the same time, 0.5% of residents are non-citizens. There’s also a share of 5.1% that includes residents with two or more races.

Citizenship
U.S.-born citizens
98.8%
Non-U.S.-born citizens
0.7%
Non-citizens
0.5%
Value Percent YoY change
U.S.-born citizens 1,153 98.8% -3.0%
Non-U.S.-born citizens 8 0.7% -55.6%
Non-citizens 6 0.5% 200.0%
Racial breakdown
White
93.9%
Black or African American
0%
American Indian and Alaska Native
0.2%
Asian
0%
Native Hawaiian and other Pacific Islander
0%
Two or more races
5.1%
Other
0.8%
Value Percent
White 1,096 93.9%
American Indian and Alaska Native 2 0.2%
Two or more races 60 5.1%
Other 9 0.8%

Households in Taylors Falls

A peek inside Taylors Falls households

Taylors Falls has 492 households, with an average of 2 members in each. Of these, 52.4% are families, while the remaining 47.6% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
492
-3.1% year-over-year change
Average people per household
2
Non-family households
234
Family households
258
Value Percent YoY change
Non-family households 234 47.6% -5.7%
Family households 258 52.4% -0.8%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Taylors Falls

The housing landscape of Taylors Falls

Taylors Falls's housing consists of 558 units, with 74.9% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 12.2% and offer a more compact, shared living style.

Housing units
558
-0.9% year-over-year change
Housing types
Value Percent
1 unit, detached 418 74.9%
1 unit, attached 68 12.2%
2 units 4 0.7%
5 to 9 units 30 5.4%
10 to 19 units 12 2.2%
20 to 49 units 26 4.7%
Homes built since 2020
4
0.0% year-over-year change

The age of buildings in Taylors Falls

In Taylors Falls, the median construction year is 1974. About 29.4% of homes were built before the 1940s, with another 2% going up by 1949. Most development happened in the second half of the 20th century. Then, 15.6% of homes were added from 2000 to 2009, 7.4% between 2010 and 2019, and 0.7% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 164 29.4% 23.3%
Built between 1940 and 1949 11 2% 22.2%
Built between 1950 and 1959 50 9% -5.7%
Built between 1960 and 1969 17 3% 13.3%
Built between 1970 and 1979 102 18.3% 2.0%
Built between 1980 and 1989 47 8.4% 0.0%
Built between 1990 and 1999 35 6.3% -41.7%
Built between 2000 and 2009 87 15.6% -15.5%
Built between 2010 and 2019 41 7.4% 5.1%
Built in 2020 or later 4 0.7% 0.0%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Taylors Falls occupancy rates

Out of the 492 occupied housing units in Taylors Falls, 80.9% are owner-occupied, while 19.1% are lived in by tenants. Meanwhile, 11.8% of all homes on the local market sit vacant.

Occupied housing units
492
-3.1% year-over-year change
Occupancy breakdown
Renter occupied
94
Owner occupied
398
Value Percent YoY
change
Renter occupied 94 19.1% -21.7%
Owner occupied 398 80.9% 2.6%
Unoccupied housing units
11.8%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Taylors Falls housing costs

Housing costs in Taylors Falls come to a median of $1,227 per month, while tenants specifically pay a median gross rent of $1,074.

Median housing costs per month
$1,227/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Taylors Falls
$1,074/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Taylors Falls

Taylors Falls education at a glance

About 36.6% of the population in Taylors Falls went to high school, while 27.9% pursued college studies. Another 11.8% earned an associate degree and 15.5% hold a bachelor’s. Meanwhile, 7.8% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 3 0.3% -50.0%
High school diploma 325 36.6% -13.6%
College diploma 248 27.9% -0.4%
Associate degree 105 11.8% -2.8%
Bachelor's degree 138 15.5% 0.0%
Graduate degree 69 7.8% 53.3%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Taylors Falls

How much people earn in Taylors Falls

The average annual household income in Taylors Falls was $89,810 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +6.6% change from the previous year. At the same time, the median income stood at $67,885, reflecting a +10.3% shift over the same period.

Average household income in Taylors Falls
$89,810/year
6.6% year-over-year change
Median household income in Taylors Falls
$67,885/year
10.3% year-over-year change

Taylors Falls income by age

In Taylors Falls, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $92,917. Those with someone between 45 and 64 in charge, often well established professionally, earn $84,167 overall. Overall, 94.5% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
25 - 44 $92,917 -3.5%
45 - 64 $84,167 -6.6%
Over 65 $53,958 7.1%
Above poverty level
1,087
Below poverty level
63
Value Percent YoY
change
Above poverty level 1,087 94.5% -4.1%
Below poverty level 63 5.5% 10.5%

Average renter income in Taylors Falls

To get a better sense of what renters earn on average in Taylors Falls, their median household income was $39,583 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 32.6%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$39,583
Rent-to-income ratio
32.6%
Understanding the rent-to-income ratio can help renters gauge if local housing costs align with their earnings. A ratio under 30% usually signals affordability, while exceeding this mark means rent is taking a larger-than-recommended bite out of income. That could make it harder for you to cover other costs like transportation, healthcare, or child care.

Employment in Taylors Falls

Workforce and job types in Taylors Falls

The job market in Taylors Falls is powered by 652 working residents, spread across a range of industries and roles. 70.6% of the working population are employed in professional or administrative positions, while 29.4% are in hands-on or service-based jobs. Also, 10.9% run their own businesses, 65.5% are employed by private companies, and 19.3% work in the public sector.

Workforce demographics

Working population
652
-1.8% year-over-year change
White collar
460
Blue collar
192
Value Percent YoY change
White collar 460 70.6% 1.6%
Blue collar 192 29.4% -9.0%
Employer type
Self employees
10.9%
Private companies
65.5%
Governmental workers
19.3%
Not for profit companies
4.3%
Value Percent YoY change
Self employees 71 10.9% -22.0%
Private companies 427 65.5% 1.4%
Governmental workers 126 19.3% 13.5%
Not for profit companies 28 4.3% -31.7%
Unemployment rate
2.2%
-6.2% year-over-year change

Available workforce

The unemployment rate in Taylors Falls stands at 2.2%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in Taylors Falls

How people get around in Taylors Falls

Commuting methods vary: 85.7% of residents travel by personal vehicle and 0.6% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 533 85.7% -4.1%
Bicycle 1 0.2% 0.0%
Walk 4 0.6% -42.9%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Taylors Falls by zipcode?

Zipcode Population Number of households Median income Average income
55074 2,393 901 $106,625 $117,426
55084 1,975 739 $94,297 $110,311

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FAQs about Taylors Falls demographics 

What is the total population of Taylors Falls?

Taylors Falls has a total population of 1,167 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by -3.4% compared to a year ago.

What is the gender ratio in Taylors Falls?

The gender ratio in Taylors Falls is as follows:
  • 50.9% males (594 residents)
  • 49.1% females (573 residents)

What is the median age in Taylors Falls?

The median age in Taylors Falls is 40.5.

What is the age distribution of the population in Taylors Falls?

The age distribution in Taylors Falls is as follows:
  • Under 15: 16.5% (193 residents)
  • Ages 15-24: 14.9% (174 residents)
  • Ages 25-44: 24.6% (287 residents)
  • Ages 45-64: 21.5% (251 residents)
  • Over 65: 22.4% (262 residents)

What is the racial and ethnic makeup of Taylors Falls?

The racial and ethnic makeup of Taylors Falls is as follows:
  • White: 93.9% (1,096 residents)
  • Black or African American: 0% (0 residents)
  • American Indian and Alaska Native: 0.2% (2 residents)
  • Asian: 0% (0 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 5.1% (60 residents)
  • Other: 0.8% (9 residents)

What percentage of the population in Taylors Falls are U.S.-born citizens?

U.S.-born citizens represent 98.8% of the population in Taylors Falls.

How many housing units are there in Taylors Falls?

There are 558 housing units in Taylors Falls, reflecting a -0.9% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Taylors Falls and what is the average household size?

Taylors Falls has a total of 492 households, with an average of 2 people in each.

What is the median household income in Taylors Falls?

Taylors Falls has a median household income of $67,885, representing a +10.3% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for Taylors Falls?

The employment rate is 97.8% in Taylors Falls, with a workforce of 652 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 70.6% (460 residents)
  • Blue-collar workers: 29.4% (192 residents)

Places of employment:
  • Self-employed: 10.9% (71 residents)
  • Private companies: 65.5% (427 residents)
  • Governmental workers: 19.3% (126 residents)
  • Not-for-profit companies: 4.3% (28 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025