As of 2026 the population of River Falls is 517. The population is expected to grow to 520 by 2031 - a growth rate of 0.12%.
The median age of River Falls residents is 46.
The diversity index of River Falls is 29.2, meaning that there is a 29% chance that any two people selected out of 100 residents will be of different race or ethnicity from one another.
The average household income in River Falls is $56,061 and projected to be $59,517 in 2031. Per capita income is $23,964, projected to be $25,867 in 2031. 0.39% of households – 2 – have an income of $200,000 or higher. Average net worth is $396,284 and the average disposable income is $43,990.
There are 277 housing units in River Falls; 194 are owner-occupied, 27 are rented, and 56 are vacant. The average home value is $210,013, with 14 homes built in 2010 or later, and 20 built in 1939 or earlier.
There are 15 businesses in River Falls, employing 139 workers and pulling from a labor force of 107 age 16 and above. 18 workers commute into River Falls from outside the county or state. Key industries for the area include:
89 residents both live and work in/around River Falls. The average travel time is 0.0 minutes. 3.37% people have a commute of less than 5 minutes while 4.49% commute 90 minutes or more each way. Of commuters, 80 drive alone, 24 carpool, and 0 take public transportation. 3 use other modes of transport such as motorcycle, bicycle, walking, etc. 0 residents work from home.
218 members of the workforce hold a high school diploma or GED. 41 have associates degrees, 19 have bachelor’s degrees, and 14 hold a graduate or professional degree.
Source: ESRI, 2026-08-31
