Park Falls, WI Profile: Facts & Data

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Park Falls, Wisconsin - Basic Facts

The City of Park Falls had a population of 2,328 as of July 1, 2019.

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 elevation is 1,516 feet.

The City of Park Falls (GNIS ID: 1583895) 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 Park Falls: Muskallonge Falls, Parkfalls.

Jump to... (On This Page!)
  1. Park Falls 2019 Demographic Data
  2. Growth Rates for Park Falls (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 - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Park Falls, WI Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Park Falls, WI Housing Affordability Index is 213
State of Wisconsin Housing Affordability Index is 127
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.

WEALTH INDEX

Park Falls, WI Wealth Index is 55
State of Wisconsin Wealth Index is 88
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.

These new demographic attributes are availiable for cities, Counties, ZIP Codes and even neighborhoods (Census Blocks) when you search by a specific Wisconsin address.

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POPULATION

Total Population 2,328
Population in Households 2,258
Population in Familes 1,652
Population in Group Qrtrs 70
Population Density 638
Diversity Index1 22
 

INCOME

Median Household Income $44,156
Average Household Income $58,063
Per Capita Income $27,051
Wealth Index3 55

HOUSING

Total Housing Units 1,297 (100%)
Owner Occupied HU 736 (56.7%)
Renter Occupied HU 326 (25.1%)
Vacant Housing Units 234 (18.0%)
Median Home Value $92,517
Housing Affordability Index2 213
 

HOUSEHOLDS

Total Households 1,063
Average Household Size 2.12
Family Households 598
Average Family Size 3
NOTES
  1. 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 race 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.
  2. 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.
  3. 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

2010-2019 2019-2024
Population -0.59% -0.49%
Households -0.32% -0.26%
Families -0.41% -0.37%
Median Household Income   2.82%
Per Capita Income   3.12%

Park Falls, WI - Peer Comparisons by Rank and Percentile

The table below compares Park Falls to the other 778 incorporated cities, towns and CDPs in Wisconsin by rank and percentile using July 1, 2019 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 # 247 68th
Population Density # 388 50th
Diversity Index # 201 74th
Median Household Income # 661 15th
Per Capita Income # 490 37th

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

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