Cannon Falls at a Glance
Population
4,214
Median Home Value
$244,600
Nat'l avg: $281,900
Median Rent
$867
Nat'l avg: $1,163
Median Income
$76,442
Nat'l avg: $74,580
Violent Crime
1.2 per 1K
Nat'l avg: 3.6 per 1K
Walk Score
N/A
N/A
Air Quality
N/A
N/A
Climate Risk
N/A
Explore Cannon Falls
Dive deeper into Cannon Falls with specialized neighborhood guides and rankings.
Best Neighborhoods
Top-rated neighborhoods in Cannon Falls ranked by Kurby Score
Affordable Neighborhoods
Most budget-friendly areas to live in Cannon Falls
Up & Coming Neighborhoods
Emerging neighborhoods with growth potential in Cannon Falls
Young Professionals
Best neighborhoods for career starters in Cannon Falls
Retiree Neighborhoods
Best neighborhoods for retirees in Cannon Falls
Living In Guide
Complete guide to life in Cannon Falls — cost, safety, schools & more
All Neighborhoods
Browse every neighborhood in Cannon Falls with detailed data
About Cannon Falls
Cannon Falls, Minnesota, offers a refreshing alternative to the soaring costs of living found in many parts of the country. With a population just over 4,200, this charming community boasts a median home value of around $244,600, significantly below the national average. This affordability, combined with a median household income of $76,442, suggests a comfortable lifestyle is within reach for many. Residents enjoy a relaxed pace of life, with a strong sense of community and the tranquility of a small town. The local vibe is friendly and welcoming, making it an attractive destination for those seeking a balance of affordability and quality of life. From an investment perspective, Cannon Falls presents a stable and appealing real estate market. While specific unemployment figures are not readily available, the healthy median income suggests a robust local economy. The town's relatively low crime rates contribute to a safe and secure environment, ideal for families and individuals alike. The housing market is particularly well-suited for first-time homebuyers, those looking to downsize, or anyone seeking an affordable yet comfortable living situation. Cannon Falls offers a unique blend of affordability, safety, and community spirit, making it a compelling option for those looking to plant roots in a friendly and welcoming environment.