Housing data for Fall Lake Township, MN
Fall Lake Township, MN has an estimated 538 residents and 982 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a township in Lake County.
5.2% of households rent.
The median gross rent is $800 a month.
Its population shrank measurably since 2015–2019 (−28.6%).
Figures last updated on .
- Residents
- 538 (±90)
- Housing units
- 982 (±104)
- Households that rent
- 5.2%
- Median gross rent
- $800
- Residents since 2015–2019
- −28.6%
What stands out in Fall Lake Township
Median home value: $430,500 (±$50,608) in Fall Lake Township, higher than in Lake County ($241,300).
Households that rent: 5.2% (±3.5 points) in Fall Lake Township, lower than in Lake County (16.5%).
Median real estate taxes: $2,767 (±$256) in Fall Lake Township, higher than in Lake County ($1,765).
Homes in buildings of 5 or more units: 0.0% (±4.0 points) in Fall Lake Township, lower than in Lake County (5.5%).
- Home values in Fall Lake Township
- Property taxes in Fall Lake Township
- Types of homes in Fall Lake Township
Housing in Fall Lake Township at a glance
- Median rent: $800 median gross rent a month (Small sample: wide margin of error)
- Rent burden: 21.4% of renters pay 30% or more of income (Small sample: wide margin of error)
- Renters and owners: 5.2% of households rent (Small sample: wide margin of error)
- Income and affordability: $101,250 median household income
- Home values: $430,500 median home value
- Homeowner costs: $2,054 median monthly cost with a mortgage
- Property taxes: $2,767 median real estate taxes a year
- Types of homes: 0.0% of homes are in buildings of 5 or more units
- Bedrooms: 46.6% of homes have 3 or more bedrooms
- Age of homes: 50.8% of homes were built before 1980
- Vacancy rate: 0.0% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 52.4% heat with propane
- Commute and cars: 16.5 minutes average trip to work (Small sample: wide margin of error)
- Growth: −28.6% residents since 2015–2019 (Small sample: wide margin of error)
- How long people stay: 15.4% moved in since 2020
- Crowding and facilities: 0.3% of homes have more than 1 person per room (Small sample: wide margin of error)
Fall Lake Township against Lake County, its state and the nation
| Fall Lake Township | Lake County | Minnesota | United States | |
|---|---|---|---|---|
| Residents | 538 (±90) | 10,879 (exact) | 5,739,445 (exact) | 334,922,499 |
| Housing units | 982 (±104) | 7,449 (±39) | 2,545,030 (±1,535) | 143,775,355 |
| Households that rent | 5.2% (±3.5 points) | 16.5% (±2.7 points) | 27.8% (±0.2 points) | 34.8% |
| Median gross rent | $800 (±$85) | $1,093 (±$57) | $1,280 (±$7) | $1,413 |
| Median household income | $101,250 (±$24,307) | $75,541 (±$4,705) | $89,062 (±$409) | $80,734 |
| Median home value | $430,500 (±$50,608) | $241,300 (±$10,335) | $329,300 (±$903) | $332,700 |
| Median real estate taxes (a year) | $2,767 (±$256) | $1,765 (±$80) | $3,357 (±$10) | $3,119 |
| Built before 1980 | 50.8% (±8.9 points) | 65.8% (±4.8 points) | 52.1% (±0.3 points) | 49.7% |
| Average commute | 16.5 minutes (±2.2) | 24.8 minutes (±2.0) | 22.7 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 93.4% (±3.3 points) | 87.6% (±2.6 points) | 91.6% (±0.1 points) | 91.0% |
| Median age of residents | 66.6 years (±2.3) | 49.4 years (±0.5) | 38.8 years (±0.1) | 38.9 years |
Fall Lake Township covers 462.4 square miles of land, about 1 residents per square mile (Census Bureau Gazetteer).
How Fall Lake Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 753 (±117) | 538 (±90) | −28.6% | Measurable decrease |
| Housing units | 990 (±114) | 982 (±104) | −0.8% | Not a measurable change |
| Median home value | $343,000 (±$63,319) | $430,500 (±$50,608) | +25.5% | No measurable change after inflation |
| Median household income | $64,167 (±$7,169) | $101,250 (±$24,307) | +57.8% | No measurable change after inflation |
| Median owner cost with a mortgage | $1,420 (±$123) | $2,054 (±$252) | +44.6% | Up after inflation |
| Median real estate taxes | $2,933 (±$288) | $2,767 (±$256) | −5.7% | Down after inflation |
| Households that rent | 5.2% (±3.3 points) | 5.2% (±3.5 points) | 0.0 percentage points | Not a measurable change |
| Rental vacancy rate | 0.0% (±49.9 points) | 0.0% (±63.7 points) | 0.0 percentage points | Not a measurable change |
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.
Crime reported to police in Lake County
Fall Lake Township has no police department of its own in the FBI’s figures, so this is the figure for Lake County as a whole.
In 2025, the police departments that report for Lake County recorded 84 violent and 112 property crimes per 100,000 residents.
A county-wide figure describes the whole county, not this place; crime varies from one community to the next.
ZIP codes in Fall Lake Township
| ZIP code | Share of the ZIP’s land in this place | Residents | Median gross rent | Median home value | Median household income |
|---|---|---|---|---|---|
| 55796 | 56% | 135 | $638 | $95,700 | $52,344 |
| 55731 | 29% | 5,361 | $644 | $206,000 | $62,008 |
A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.
Places near Fall Lake Township
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Winton | 18 mi | $638 | $92,500 | 18.8% |
| Ely | 21 mi | $627 | $157,300 | 36.6% |
| Stony River Township | 22 mi | — | $213,200 | 6.7% |
| Morse Township (St. Louis County) | 28 mi | $943 | $300,400 | 7.6% |
| Crystal Bay Township | 28 mi | $675 | $221,200 | 10.3% |
| Schroeder Township | 29 mi | — | $405,600 | 12.1% |
| Tofte Township | 31 mi | $1,096 | $286,300 | 13.2% |
| Eagles Nest Township | 33 mi | — | $400,000 | 7.6% |
Places in Minnesota most like Fall Lake Township
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Green Lake Township | $971 | $421,600 | $107,857 | 5.3% |
| Sauk Rapids Township | $825 | $338,000 | $95,250 | 7.6% |
| La Crescent Township | $930 | $373,600 | $110,417 | 10.6% |
| Lime Township | $1,033 | $423,500 | $103,977 | 13.6% |
| Grove Township | $950 | $368,800 | $91,875 | 11.6% |
| Lake Emma Township | $733 | $440,500 | $100,521 | 6.2% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Minnesota.
HUD Fair Market Rent for Fall Lake Township, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $946 | $1,038 | $1,358 | $1,618 | $1,983 |
HUD income limits for Fall Lake Township, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $21,000 | $35,000 | $55,950 |
| 2 people | $24,000 | $40,000 | $63,950 |
| 3 people | $27,320 | $45,000 | $71,950 |
| 4 people | $33,000 | $49,950 | $79,900 |
| 5 people | $38,680 | $53,950 | $86,300 |
| 6 people | $44,360 | $57,950 | $92,700 |
| 7 people | $50,040 | $61,950 | $99,100 |
| 8 people | $55,720 | $65,950 | $105,500 |
These are the limits HUD sets for its housing programs in the Lake County, MN, where HUD’s median family income for fiscal year 2026 is $99,900.
A program can use its own limits; tax-credit and local programs often do.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Fall Lake Township
What is the median household income in Fall Lake Township?
The median household income in Fall Lake Township is $101,250 (±$24,307) a year (2020–2024 American Community Survey).
What is the average home value in Fall Lake Township, MN?
The Census Bureau publishes the median: $430,500 (±$50,608) for owner-occupied homes in Fall Lake Township (2020–2024 American Community Survey).
What is the average mortgage payment in Fall Lake Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Fall Lake Township, MN is $2,054 (±$252) a month, including taxes, insurance and utilities.
How much are property taxes in Fall Lake Township?
The median real estate tax paid by homeowners in Fall Lake Township, MN is $2,767 (±$256) a year (2020–2024 American Community Survey).
How many homes are in Fall Lake Township?
Fall Lake Township, MN has an estimated 982 (±104) housing units, occupied and vacant (2020–2024 American Community Survey).
What is the most common home size in Fall Lake Township?
The most common size is 3 bedrooms, 38.7% of homes in Fall Lake Township, MN.
Is Fall Lake Township growing?
In Fall Lake Township, the number of residents went from 753 in 2015–2019 to 538 in 2020–2024 (−28.6%), a measurable decrease.
What ZIP codes are in Fall Lake Township?
The ZIP codes that cover Fall Lake Township are 55796, 55731.
What is the median rent in ZIP code 55796?
The median gross rent in ZIP Code Tabulation Area 55796 is $638 (±$231) a month (2020–2024 American Community Survey).
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Fall Lake township, Lake County, Minnesota
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Fall Lake township, Lake County, Minnesota
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Fall Lake township, Lake County, Minnesota
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Fall Lake township, Lake County, Minnesota
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Fall Lake township, Lake County, Minnesota
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Fall Lake township, Lake County, Minnesota
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Fall Lake township, Lake County, Minnesota
- HUD Fair Market Rents, fiscal year 2027: Lake County, MN
- HUD Income Limits, fiscal year 2026: Lake County, MN
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
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) for Fall Lake township, Lake County, Minnesota (county subdivision:20456, in state:27 county:075).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
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 .