Community Profiles

River Falls

Population Demographics

As of 2024 the population of River Falls is 479. The population is expected to shrink to 473 by 2029 - a growth rate of -0.25%.

The median age of River Falls residents is 49.

The diversity index of River Falls is 28.1, meaning that there is a 28% chance that any two people selected out of 100 residents will be of different race or ethnicity from one another.

Housing and Income

The average household income in River Falls is $57,844 and projected to be $67,262 in 2029. Per capita income is $24,393, projected to be $28,441 in 2029. 0% of households – 0 – have an income of $200,000 or higher. Average net worth is $293,122 and the average disposable income is $49,550.

There are 254 housing units in River Falls; 175 are owner-occupied, 27 are rented, and 52 are vacant. The average home value is $211,000, with 12 homes built in 2010 or later, and 3 built in 1939 or earlier.

Business and Workforce

There are 19 businesses in River Falls, employing 144 workers and pulling from a labor force of 145 age 16 and above. 23 workers commute into River Falls from outside the county or state. Key industries for the area include:

116 residents both live and work in/around River Falls. The average travel time is 0.0 minutes. 17.24% people have a commute of less than 5 minutes while 1.72% commute 90 minutes or more each way. Of commuters, 123 drive alone, 2 carpool, and 0 take public transportation. 20 use other modes of transport such as motorcycle, bicycle, walking, etc. 0 residents work from home.

197 members of the workforce hold a high school diploma or GED. 55 have associates degrees, 26 have bachelor’s degrees, and 17 hold a graduate or professional degree.