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The total population of Park Falls is estimated to be 2,389 with 1,077 males (45.08%) and 1,312 females (54.92%). There are 235 more females than males in Park Falls.
The median household income in Park Falls was $42,291 in 2021, which marked an a decrease of 88(0.21%) from $42,379 in 2020. This income is 56.69% 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, Park Falls sees its highest median household income among householders in the age group of 45 to 64 years old, at $53,370. Overall, the median household income for the city of Park Falls stands at $42,291.
In Park Falls, the median income for all workers aged 15 years and older, regardless of work hours, was $36,262 for males and $27,079 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $54,431 for males and $43,293 for females.
In Park Falls, there are just two different racial groups among households. Among these, White households report a median household income of $43,793, while Two or More Races households have a median household income of $11,792.
In 2022, the population of Park Falls was 2,393, a 0.17% increase year-by-year from 2021. Previously, in 2021, Park Falls's population was 2,389, a decline of 0.71% compared to a population of 2,406 in 2020.
The median age in Park Falls, WI is 44.3, as per 2021 ACS 5-Year Estimates. Of the total population, 18.54% were under the age of 15, 17.61% aged 15 to 29, 38.18% aged 30 to 64, 19.55% aged 65 to 84, and 6.12% were 85 years of age and older.
Racial distribution of Park Falls population: 91.17% are White, 0.55% are American Indian and Alaska Native, 1.10% are Asian, 0.68% are Native Hawaiian and other Pacific Islander, 0.63% are some other race and 5.87% are multiracial.