Park Falls, WI Profile: Facts & Data

Park Falls, Wisconsin - Basic Facts

The City of Park Falls had a population of 2,426 as of July 1, 2025.

The primary coordinate point for Park Falls is located at latitude 45.9344 and longitude -90.4416 in Price County. The formal boundaries for the City of Park Falls encompass a land area of 3.6 sq. miles and a water area of 0.23 sq. miles. Price County is in the Central time zone (GMT -6).

The City of Park Falls 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.

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Park Falls, WI Data & Demographics (As of July 1, 2025)

POPULATION
Total Population	2,426 (100%)
Population in Households	2,347 (96.7%)
Population in Families	1,667 (68.7%)
Population in Group Quarters¹	79 ( 3.3%)
Population Density	644
Diversity Index²	22


INCOME
Median Household Income	$51,124
Average Household Income	$65,441
% of Income for Mortgage⁴	12%
Per Capita Income	$30,055
Wealth Index⁵	46
Socioeconomic Status Index⁶	Moderate (45.3)

HOUSING
Total HU (Housing Units)	1,267 (100%)
Owner Occupied HU	764 (60.3%)
Renter Occupied HU	348 (27.5%)
Vacant Housing Units	155 (12.2%)
Median Home Value	$97,963
Average Home Value	$141,584
Housing Affordability Index³	178

HOUSEHOLDS
Total Households	1,112
Average Household Size	2.11
Family Households	558
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

1,267 (100%)

Owner Occupied HU

764 (60.3%)

Renter Occupied HU

348 (27.5%)

Vacant Housing Units

155 (12.2%)

Median Home Value

$97,963

Average Home Value

$141,584

Housing Affordability Index³

178

HOUSEHOLDS

Total Households

1,112

Average Household Size

2.11

Family Households

558

Average Family Size

3.00

NOTES

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.
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.
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.
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).
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.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR	2020-2025	2025-2030
Population	0.13%	-0.34%
Households	-0.24%	-0.38%
Families		-0.88%
Median Household Income		2.11%
Per Capita Income		1.70%
Owner Occupied HU		-0.24%

GROWTH RATE / YEAR

2020-2025

2025-2030

Population

0.13%

-0.34%

Households

-0.24%

-0.38%

Families

-0.88%

Median Household Income

2.11%

Per Capita Income

1.70%

Owner Occupied HU

-0.24%

Park Falls, WI - Peer Comparisons by Rank and Percentile

The table below compares Park Falls to the other 808 incorporated cities, towns and CDPs in Wisconsin by rank and percentile using July 1, 2025 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	# 249	69th
Population Density	# 387	52nd
Median Household Income	# 765	5th
Housing Affordability Index	# 801	99th
Per Capita Income	# 734	9th
Diversity Index	# 394	51st

Variable Description

Rank

Percentile

Total Population

# 249

69th

Population Density

# 387

52nd

Median Household Income

# 765

5th

Housing Affordability Index

# 801

99th

Per Capita Income

# 734

9th

Diversity Index

# 394

51st

Wisconsin Census Data Comparison Tool

Park Falls, WI Profile: Facts & Data

Park Falls, Wisconsin - Basic Facts

Park Falls, WI Data & Demographics (As of July 1, 2025)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Park Falls, WI - Peer Comparisons by Rank and Percentile

Park Falls, WI - Most Popular Things to Do

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