What percentage of people rent in Taylors Falls, MN?
19.1% (±5.9 points) of the occupied homes in Taylors Falls, MN are rented (2020–2024 American Community Survey).
That is 94 renting households against 398 that own their home.
In Taylors Falls, the share of households that rent went from 28.4% in 2015–2019 to 19.1% in 2020–2024 (−9.3 percentage points), a measurable decrease.
Figures last updated on .
- Households that rent
- 19.1% (±5.9 points)
- Renting households
- 94 (±30)
- Median renter income
- $45,781 (±$5,983)
Who rents and who owns in Taylors Falls
| Taylors Falls | Chisago County | Minnesota | United States | |
|---|---|---|---|---|
| Renter-occupied share | 19.1% (±5.9 points) | 14.1% (±1.5 points) | 27.8% (±0.2 points) | 34.8% |
| Renting households | 94 (±30) | 3,008 (±331) | 641,268 (±4,528) | 45,017,354 |
| Owning households | 398 (±64) | 18,356 (±399) | 1,666,687 (±7,556) | 84,210,142 |
| Average renter household size | 1.8 (±0.4) | 2.0 (±0.2) | 2.0 (±0.0) | 2.3 |
| Average owner household size | 2.5 (±0.3) | 2.7 (±0.1) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $45,781 (±$5,983) | $44,746 (±$9,850) | $51,080 (±$531) | $52,966 |
| Median owner household income | $85,357 (±$21,913) | $110,640 (±$4,321) | $108,214 (±$476) | $100,009 |
In Taylors Falls, the renter share is not measurably different from Chisago County (14.1%).
It is also lower than in Minnesota (27.8%).
It is lower than the national figure (34.8%).
In Chisago County, Taylors Falls ranks 3 of 18 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 617 of 2,628.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Taylors Falls has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 28.4% (±7.1 points) | 19.1% (±5.9 points) | −9.3 percentage points | Measurable decrease |
| Median gross rent | $667 (±$193) | $1,074 (±$126) | +61.0% | No measurable change after inflation |
| Median household income | $58,194 (±$7,163) | $67,885 (±$10,618) | +16.7% | 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 Taylors Falls
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Taylors Falls | — | 19.1% (±5.9 points) | — |
| St. Croix Falls | 2.4 mi | 41.3% (±8.1 points) | Higher |
| Shafer Township | 2.6 mi | 4.2% (±3.6 points) | Lower |
| Dresser | 3.5 mi | 23.3% (±6.4 points) | Not measurably different |
| Shafer | 4.2 mi | 15.5% (±7.2 points) | Not measurably different |
| Town of St. Croix Falls | 4.9 mi | 15.8% (±6.1 points) | Not measurably different |
| Town of Osceola (Polk County) | 5.1 mi | 9.6% (±4.7 points) | Lower |
| Chisago Lake Township | 5.9 mi | 1.2% (±1.2 points) | Lower |
| Franconia Township | 6.0 mi | 2.8% (±3.2 points) | Lower |
Nearby places with a measurably lower figure: Shafer Township, MN (4.2%), Town of Osceola (Polk County), WI (9.6%), Chisago Lake Township, MN (1.2%).
Nearby places with a measurably higher figure: St. Croix Falls, WI (41.3%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Chisago County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Rush City | 39.5% (±9.8 points) |
| 2 | Chisago City | 27.5% (±6.0 points) |
| 3 | Taylors Falls | 19.1% (±5.9 points) |
| 4 | North Branch | 17.9% (±3.7 points) |
| 5 | Shafer | 15.5% (±7.2 points) |
| 6 | Lindstrom | 14.9% (±4.8 points) |
| 7 | Harris | 13.5% (±7.6 points) |
| 8 | Wyoming | 13.2% (±4.9 points) |
| 9 | Center City | 8.6% (±4.1 points) |
Showing 9 of 18 places in Chisago 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.
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Questions about Taylors Falls
How many renters are there in Taylors Falls?
Taylors Falls has an estimated 94 (±30) renting households, 19.1% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Taylors Falls?
In Taylors Falls, the share of households that rent went from 28.4% in 2015–2019 to 19.1% in 2020–2024 (−9.3 percentage points), a measurable decrease.
How big are renting households in Taylors Falls?
A renting household in Taylors Falls has 1.8 people on average, against 2.5 in an owned home.
How much do renters earn in Taylors Falls?
The median renting household in Taylors Falls, MN has an income of $45,781 (±$5,983) a year, against $85,357 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Taylors Falls city, Minnesota
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Taylors Falls city, Minnesota
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Taylors Falls city, Minnesota
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Taylors Falls city, Minnesota
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Taylors 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 Taylors Falls city, Minnesota (place:64318, 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
- Housing in Taylors Falls at a glance
- Income and affordability in Taylors Falls
- Home values in Taylors Falls
- Homeowner costs in Taylors Falls
- Property taxes in Taylors Falls
- Types of homes in Taylors Falls
- Bedrooms in Taylors Falls
- Age of homes in Taylors Falls
- Heating fuel in Taylors Falls
- Commute and cars in Taylors Falls
- Population growth in Taylors Falls
- How long people stay in Taylors Falls
- Minnesota landlord and tenant rules
- Housing across Chisago County
- Minnesota places ranked by share of renters
- Housing data for every place in Minnesota