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The total population of Taylors Falls is estimated to be 1,219 with 559 males (45.86%) and 660 females (54.14%). There are 101 more females than males in Taylors Falls.
The median household income in Taylors Falls was $64,067 in 2021, which marked an a decrease of 922(1.42%) from $64,989 in 2020. This income is 85.87% 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, Taylors Falls sees its highest median household income among householders in the age group of 45 to 64 years old, at $87,184. Overall, the median household income for the city of Taylors Falls stands at $64,067.
In Taylors Falls, the median income for all workers aged 15 years and older, regardless of work hours, was $46,540 for males and $32,796 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $69,077 for males and $47,483 for females.
In Taylors Falls, population is primarily represented by White households, reporting a median income of $64,855.
In 2022, the population of Taylors Falls was 1,048, a 1.13% decrease year-by-year from 2021. Previously, in 2021, Taylors Falls's population was 1,060, an increase of 0.57% compared to a population of 1,054 in 2020.
The median age in Taylors Falls, MN is 42.8, as per 2021 ACS 5-Year Estimates. Of the total population, 19.40% were under the age of 15, 12.88% aged 15 to 29, 47.30% aged 30 to 64, 18.11% aged 65 to 84, and 2.32% were 85 years of age and older.
Racial distribution of Taylors Falls population: 95.11% are White, 0.69% are Black or African American, 0.77% are American Indian and Alaska Native, 0.69% are some other race and 2.75% are multiracial.