Park Falls, WI
Population 2,308 · Wisconsin
About Park Falls, WI
Park Falls is a small community in Wisconsin with a population of 2,308 residents. The median household income is $47,240 per year, which is below the national average. The median age in Park Falls is 47 years.
Housing in Park Falls has a median home value of $81,900 and median monthly rent of $907. Of the 1,298 total housing units, the majority are owner-occupied, with 752 owner-occupied and 385 renter-occupied units.
The unemployment rate in Park Falls is 1.1% and the poverty rate is 25.6%. 10.8% of residents hold a bachelor's degree or higher. The average commute time is 22.1 minutes.
How Park Falls Ranks in Wisconsin
Cost of Living in Park Falls, WI
Compared to national averages, Park Falls has a median household income of $47,240 (37% below the national median of $75,149). Home values average $81,900, which is 67% below the national median. Monthly rent at $907 is 22% below the US average of $1,163. Within Wisconsin, Park Falls's income is 35% below the state average of $72,579, and home values are 60% below the state median of $205,802.
Why Live in Park Falls, WI?
Park Falls offers affordable housing with a median home value of $81,900, below the US average of $244,900, and rent that’s lower than the national average at $907/month, and a strong job market with an unemployment rate of just 1.1%. Additionally, the city features short commute times averaging just 22.1 minutes.
Potential considerations include median household income ($47,240) that falls below the national average. However, Park Falls’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Park Falls has a population of 2,308 with a median age of 47 years. Compare Park Falls with other cities to see how it stacks up, or explore all cities in Wisconsin.
Similar Cities Near Park Falls
Cities in Wisconsin with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Neillsville | 2,314 | $58,239 | $111,300 | Compare |
| New Glarus | 2,276 | $98,224 | $267,600 | Compare |
| Como | 2,368 | $75,000 | $259,200 | Compare |
| Westby | 2,380 | $70,182 | $165,000 | Compare |
| Fredonia | 2,382 | $86,442 | $261,400 | Compare |
| Cumberland | 2,389 | $47,773 | $173,900 | Compare |
| Spooner | 2,203 | $44,474 | $141,800 | Compare |
| Cedar Grove | 2,430 | $87,500 | $221,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Wisconsin
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Park Falls
What is the population of Park Falls, WI?
The population of Park Falls, WI is 2,308 according to the latest Census data.
What is the median household income in Park Falls?
The median household income in Park Falls, WI is $47,240 per year.
What is the median home value in Park Falls?
The median home value in Park Falls, WI is $81,900.
What is the average rent in Park Falls?
The median monthly rent in Park Falls, WI is $907.
What is the unemployment rate in Park Falls?
The unemployment rate in Park Falls, WI is 1.1%.