Fall River, WI Profile: Facts & Data

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Fall River, Wisconsin - Basic Facts

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The Village of Fall River had a population of 1,878 as of July 1, 2021.

The primary coordinate point for Fall River is located at latitude 43.3844 and longitude -89.0451 in Columbia County. The formal boundaries for the Village of Fall River encompass a land area of 1.86 sq. miles and a water area of 0.06 sq. miles. Columbia County is in the Central time zone (GMT -6). The elevation is 853 feet.

The Village of Fall River has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Alternate Unofficial Names for Fall River: Fallriver.

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  1. Fall River 2021 Demographic Data
  2. Growth Rates for Fall River (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Wisconsin Research Tools (Easy Tools & Current Data)
  3. Wisconsin Data Comparison Tool - 2021 Demographics
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Fall River, WI Data & Demographics (As of July 1, 2021)

POPULATION

Total Population 1,878 (100%)
Population in Households 1,878 (100.0%)
Population in Families 1,578 (84.0%)
Population in Group Quarters1 0
Population Density 1,027
Diversity Index2 15
 
 

INCOME

Median Household Income $80,112
Average Household Income $94,615
% of Income for Mortgage4 12%
Per Capita Income $34,655
Wealth Index5 86
 

HOUSING

Total HU (Housing Units) 736 (100%)
Owner Occupied HU 482 (65.5%)
Renter Occupied HU 196 (26.6%)
Vacant Housing Units 58 ( 7.9%)
Median Home Value $219,175
Average Home Value $231,237
Housing Affordability Index3 183
 

HOUSEHOLDS

Total Households 678
Average Household Size 2.77
Family Households 498
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2021 2021-2026
Population 0.83% 0.78%
Households 0.84% 0.81%
Families 0.69% 0.75%
Median Household Income   2.26%
Per Capita Income   2.67%
Owner Occupied HU   1.53%

Fall River, WI - Peer Comparisons by Rank and Percentile

The table below compares Fall River to the other 778 incorporated cities, towns and CDPs in Wisconsin by rank and percentile using July 1, 2021 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 279 64th
Population Density # 229 71st
Median Household Income # 108 86th
Housing Affordability Index # 404 52nd
Per Capita Income # 225 71st
Diversity Index # 385 50th

Additional comparisons and rankings can be made with a VERY EASY TO USE Wisconsin Census Data Comparison Tool.

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