HomeMinnesotaMorrison CountyLittle Falls
Little Falls, Minnesota: commercial real estate data.
Little Falls is a Census city of 9,121 people across 8.04 square miles of land, in Morrison County. Median household income is $47,863, 64.1 percent of occupied homes are owned, and the SBA record carries 17 7(a) approvals to borrowers here worth $5.7 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Little Falls
What Little Falls is
- Census place typecity
- Land area8.04 sq mi
- Water area0.91 sq mi
- Population per square mile of land1,134
- County holding the largest share of its areaMorrison County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Little Falls
How many people live in Little Falls
- Population9,121
- Median age40.9
- Population under 182,011
- Share under 1822.0 percent
- Population 65 and over2,345
- Share 65 and over25.7 percent
- Households4,106
- Family households2,323
- Share of households that are families56.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Little Falls
Income and work in Little Falls
- Median household income$47,863 plus or minus $9,949
- Per capita income$32,224
- Civilian labor force3,826
- Employed3,592
- Unemployed234 plus or minus 108
- Unemployment rate6.1 percent plus or minus 2.8
- Adults 25 and over6,581
- Adults 25 and over with a high school diploma or higher92.5 percent
- Adults 25 and over with a bachelor degree or higher22.6 percent
- Adults 25 and over with a graduate degree8.5 percent plus or minus 2.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Little Falls
Housing in Little Falls
- Housing units4,249
- Occupied units4,106
- Vacant units143 plus or minus 76
- Vacancy rate3.4 percent plus or minus 1.8
- Owner occupied2,632
- Renter occupied1,474
- Ownership rate64.1 percent
- Median owner-occupied home value$202,600
- Median gross rent, monthly$747
- Annual rent as a share of median income18.7 percent plus or minus 4.8
- Single family units3,159
- Share single family74.3 percent
- Units in buildings of two or more1,026 plus or minus 244
- Share in buildings of two or more24.1 percent plus or minus 5.7
- Mobile homes64 plus or minus 59
- Median year structure built1968
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Little Falls
How Little Falls gets to work
- Workers 16 and over who commute3,290
- Commuting under 15 minutes1,735
- Share commuting under 15 minutes52.7 percent
- Commuting 30 minutes or more1,114 plus or minus 247
- Share commuting 30 minutes or more33.9 percent plus or minus 6.8
- Drove alone79.4 percent
- Carpooled9.0 percent plus or minus 3.4
- Public transport0.6 percent plus or minus 1.2
- Walked2.2 percent plus or minus 1.8
- Worked from home6.5 percent plus or minus 3.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Little Falls
SBA loans in Little Falls (7(a))
- Approvals17
- Gross approval$5,749,400
- Average approval$338,200
- Median approval$225,000
- Largest approval$1,900,000
- Jobs supported237
- Jobs per approval13.9
- Loans with a final outcome3
- Paid in full3
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more5.9 percent
- Share to franchises0.0 percent
- Distinct lenders10
- Distinct industries by NAICS14
Counted by borrower city: approvals to borrowers whose address is in Little Falls, in any county, FY2020 to FY2026. Only 3 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Little Falls
SBA loans in Little Falls (504)
- Approvals20
- Gross approval$23,796,000
- Average approval$1,189,800
- Median approval$320,500
- Largest approval$4,151,000
- Jobs supported413
- Loans with a final outcome5
- Charged off0
- Median term240 months
- Distinct CDCs1
Counted by borrower city: approvals to borrowers whose address is in Little Falls, in any county, FY2010 to FY2026. Only 5 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Little Falls
Flood risk in Little Falls
- NFIP communityCity of Little Falls
- NFIP community number270299
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date07/31/24
The City of Little Falls participates in the National Flood Insurance Program as community 270299 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Morrison County, not Little Falls
Morrison County context, not Little Falls figures
- Establishments in Morrison County933
- Covered employment, Morrison County11,175
- Average annual pay, Morrison County$47,270
- Housing units permitted, Morrison County199
Every figure in this section is published for Morrison County as a whole and is not a measurement of Little Falls.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Little Falls questions, answered from the record.
How many people live in Little Falls, Minnesota?
9,121, in 4,106 households. Little Falls city covers 8.04 square miles of land, which is 1,134 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Little Falls in?
Morrison County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Little Falls?
$47,863. The median owner-occupied home is valued at $202,600. Median gross rent is $747 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Little Falls businesses?
17 7(a) approvals totaling $5.7 m since FY2020, across 10 lenders, median approval $225,000, plus 20 504 approvals worth $23.8 m since FY2010. These count approvals to borrowers whose address is in Little Falls, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Little Falls borrowers get paid back?
No rate is published for Little Falls. Only 3 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Little Falls in the National Flood Insurance Program?
Yes. Little Falls appears in the FEMA Community Status Book as Little Falls, city of, community 270299, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Little Falls figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Morrison County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Little Falls.
Is zoning published for Little Falls?
No. Nothing on this page presents parcel level zoning.