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The total population of Cannon Falls is estimated to be 4,214 with 2,078 males (49.31%) and 2,136 females (50.69%). There are 58 more females than males in Cannon Falls.
The median household income in Cannon Falls was $73,845 in 2021, which marked an a decrease of 551(0.74%) from $74,396 in 2020. This income is 98.98% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Cannon Falls sees its highest median household income among householders in the age group of 45 to 64 years old, at $96,831. Overall, the median household income for the city of Cannon Falls stands at $73,845.
In Cannon Falls, the median income for all workers aged 15 years and older, regardless of work hours, was $48,780 for males and $31,635 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $60,055 for males and $55,819 for females.
In Cannon Falls, there are just two different racial groups among households. Among these, Two or More Races households report a median household income of $116,958, while White households have a median household income of $72,403.
In 2022, the population of Cannon Falls was 4,219, a 0.47% decrease year-by-year from 2021. Previously, in 2021, Cannon Falls's population was 4,239, an increase of 0.45% compared to a population of 4,220 in 2020.
The median age in Cannon Falls, MN is 40.0, as per 2021 ACS 5-Year Estimates. Of the total population, 19.34% were under the age of 15, 13.98% aged 15 to 29, 48.40% aged 30 to 64, 13.41% aged 65 to 84, and 4.86% were 85 years of age and older.
Racial distribution of Cannon Falls population: 94.38% are White, 0.24% are Black or African American, 0.24% are Asian and 5.15% are multiracial.