What percentage of people rent in Cannon Falls, MN?
26.7% (±6.6 points) of the occupied homes in Cannon Falls, MN are rented (2020–2024 American Community Survey).
That is 483 renting households against 1,326 that own their home.
In Cannon Falls, the share of households that rent went from 28.3% in 2015–2019 to 26.7% in 2020–2024 (−1.6 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 26.7% (±6.6 points)
- Renting households
- 483 (±142)
- Median renter income
- $25,509 (±$5,865)
Who rents and who owns in Cannon Falls
| Cannon Falls | Goodhue County | Minnesota | United States | |
|---|---|---|---|---|
| Renter-occupied share | 26.7% (±6.6 points) | 21.2% (±2.1 points) | 27.8% (±0.2 points) | 34.8% |
| Renting households | 483 (±142) | 4,179 (±430) | 641,268 (±4,528) | 45,017,354 |
| Owning households | 1,326 (±126) | 15,548 (±421) | 1,666,687 (±7,556) | 84,210,142 |
| Average renter household size | 1.3 (±0.2) | 1.8 (±0.1) | 2.0 (±0.0) | 2.3 |
| Average owner household size | 2.6 (±0.3) | 2.5 (±0.1) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $25,509 (±$5,865) | $34,881 (±$4,470) | $51,080 (±$531) | $52,966 |
| Median owner household income | $97,674 (±$13,214) | $97,047 (±$4,077) | $108,214 (±$476) | $100,009 |
In Cannon Falls, the renter share is not measurably different from Goodhue County (21.2%).
It is not measurably different from Minnesota (27.8%).
It is lower than the national figure (34.8%).
In Goodhue County, Cannon Falls ranks 2 of 30 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 347 of 2,628.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Cannon Falls has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 28.3% (±5.5 points) | 26.7% (±6.6 points) | −1.6 percentage points | Not a measurable change |
| Median gross rent | $890 (±$69) | $1,161 (±$236) | +30.4% | No measurable change after inflation |
| Median household income | $65,943 (±$5,936) | $84,097 (±$16,604) | +27.5% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Cannon Falls
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Cannon Falls | — | 26.7% (±6.6 points) | — |
| Cannon Falls Township | 2.6 mi | 7.2% (±3.8 points) | Lower |
| Randolph Township | 4.1 mi | 1.9% (±1.8 points) | Lower |
| Douglas Township | 4.5 mi | 4.7% (±3.3 points) | Lower |
| Stanton Township | 5.0 mi | 4.9% (±3.7 points) | Lower |
| Hampton Township | 6.1 mi | 6.3% (±4.5 points) | Lower |
| New Trier | 6.4 mi | 15.6% (±11.0 points) | Not measurably different |
| Randolph | 6.5 mi | 20.8% (±12.2 points) | Not measurably different |
| Miesville | 6.6 mi | 6.0% (±8.6 points) | Lower |
Nearby places with a measurably lower figure: Cannon Falls Township, MN (7.2%), Randolph Township, MN (1.9%), Douglas Township, MN (4.7%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Goodhue County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Red Wing | 27.8% (±3.1 points) |
| 2 | Cannon Falls | 26.7% (±6.6 points) |
| 3 | Wanamingo | 25.0% (±9.4 points) |
| 4 | Pine Island Township | 23.4% (±19.4 points) |
| 5 | Zumbrota | 22.9% (±8.8 points) |
| 6 | Bellechester | 20.7% (±12.4 points) |
| 7 | Dennison | 20.4% (±14.9 points) |
| 8 | Pine Island | 19.9% (±8.6 points) |
Showing 8 of 30 places in Goodhue County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Cannon Falls
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Questions about Cannon Falls
How many renters are there in Cannon Falls?
Cannon Falls has an estimated 483 (±142) renting households, 26.7% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Cannon Falls?
In Cannon Falls, the share of households that rent went from 28.3% in 2015–2019 to 26.7% in 2020–2024 (−1.6 percentage points), not a measurable change.
How big are renting households in Cannon Falls?
A renting household in Cannon Falls has 1.3 people on average, against 2.6 in an owned home.
How much do renters earn in Cannon Falls?
The median renting household in Cannon Falls, MN has an income of $25,509 (±$5,865) a year, against $97,674 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Cannon Falls city, Minnesota
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Cannon Falls city, Minnesota
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Cannon Falls city, Minnesota
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Cannon Falls city, Minnesota
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Cannon Falls city, Minnesota
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Cannon Falls city, Minnesota (place:09730, in state:27).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Population growth in Cannon Falls
- How long people stay in Cannon Falls
- Crowding and facilities in Cannon Falls
- Minnesota landlord and tenant rules
- Housing across Goodhue County
- Minnesota places ranked by share of renters
- Housing data for every place in Minnesota