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The total population of Falcon Heights is estimated to be 5,232 with 2,493 males (47.65%) and 2,739 females (52.35%). There are 246 more females than males in Falcon Heights.
The median household income in Falcon Heights was $83,971 in 2021, which marked an an increase of 1,687(2.05%) from $82,284 in 2020. This income is 112.55% 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, Falcon Heights sees its highest median household income among householders in the age group of 45 to 64 years old, at $157,543. Overall, the median household income for the city of Falcon Heights stands at $83,971.
In Falcon Heights, the median income for all workers aged 15 years and older, regardless of work hours, was $47,543 for males and $29,293 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $71,031 for males and $70,909 for females.
In Falcon Heights, there are just three different racial groups among households. Among these, White households report a median household income of $110,881, followed by Asian households at $42,156, and Black or African American households with a median household income of $34,418.
In 2022, the population of Falcon Heights was 5,073, a 4.21% increase year-by-year from 2021. Previously, in 2021, Falcon Heights's population was 4,868, a decline of 9.37% compared to a population of 5,371 in 2020.
The median age in Falcon Heights, MN is 33.8, as per 2021 ACS 5-Year Estimates. Of the total population, 14.63% were under the age of 15, 27.90% aged 15 to 29, 41.50% aged 30 to 64, 13.90% aged 65 to 84, and 2.08% were 85 years of age and older.
Racial distribution of Falcon Heights population: 73.81% are White, 7.07% are Black or African American, 13.72% are Asian, 0.24% are Native Hawaiian and other Pacific Islander, 1.15% are some other race and 4.01% are multiracial.